The move will allow Smiths to focus on flow and heat management through its remaining businesses of John Crane and Flex-Tek. Chief executive Roland Carter said the plans addressed

Britain's benchmark index closed at record peak on Thursday as investors cheered a healthy set of corporate updates, while a surge in precious metal miners also boosted the index.

BT and Shell shares are in the spotlight at the start of the FTSE 100 results season. The oil giant boosted shareholder returns despite weaker earnings, while BT shares came under pressure amid disappointing revenue trends.

Smiths Group propped up the FTSE 100, rising more than 14% after the opening bell following news it had responded to activist investor calls to split up its business.

Britain's benchmark index touched a record high on Thursday as investors cheered a healthy set of corporate updates, while comments by U.S. Federal Reserve Chair Jerome Powell also soothed markets. The blue-chip FTSE 100 touched a record-high and is set to log its fourth straight session of gains.

WH Smith has reported “strong momentum” in its travel business after sales in the division rose 6% on a like-for-like basis in the 21 weeks to 25 January. This figure included a 7% rise in the UK travel estate and 3% in North America.

The UK's main stock indexes closed higher on Wednesday boosted by gains in the technology and financial sectors, while the pound slipped after Finance Minister Rachel Reeves's dovish remarks on resetting ties with the European Union and the United States.

Britain's benchmark index, the FTSE 100, reached a record high as investors reacted positively to strong corporate updates and soothing comments by U.S. Federal Reserve Chair Jerome Powell. Companies like Shell and Watches of Switzerland Group contributed significantly to the index's rise,

European and US markets were in positive territory as investors continue to digest the potential impact of DeepSeek.

The FTSE 100 index is seen falling by about 30 points, having posted 1% gains over the three previous sessions to close on Friday at a record 8505. Hopes of lower interest rates also helped the Dow Jones Industrial Average to add 0.8% while the S&P 500 rose 1% and the Nasdaq Composite jumped 1.5%.

​​​FTSE 100, DAX 40 and Nasdaq 100 drop amid China growth contraction and AI concerns. ​The FTSE 100 is swiftly coming off Friday's 's record high at 8,587 amid renewed US tariff threats but seems to be finding support marginally above its key 8,419-to-8,372 support zone. This is expected to hold.

(Reuters) - The UK's FTSE 100 stalled on Thursday after touching a record high in the prior session as investors sought clarity on U.S. President Donald Trump's trade policies, while shares in CMC Markets tumbled on a disappointing forecast.