BRITISH EQUITIES RISE AS TRAVEL STOCKS RALLY AFTER CHINA LIFTS TRAVEL CURBS

UK stocks closed at a one-week high on Thursday boosted by travel and luxury companies as China lifted pandemic-era curbs on foreign group tours, while a moderate increase in U.S. July inflation data boosted gains. The FTSE 100 index (.FTSE) added 0.4% while more domestically-focused FTSE 250 stocks (.FTMC) rose 0.3%. Travel and leisure shares (.FTNMX405010) rose 1.4% as China lifted bans on group tours for more countries, including Britain.

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