London stocks boosted by strong corporate results

On the flip side, Dunelm Group fell 4.3% after the home furnishing retailer missed third-quarter sales estimates. Later in the day, investors will parse comments from BoE's Greene to gauge the central bank's rate cut outlook.

British stocks opened higher on Thursday, boosted by a string of upbeat corporate results, while investors await comments from Bank of England policymaker Megan Greene to gauge the outlook on interest rates.

The resource-heavy FTSE 100 had gained 0.4% by 7:10 GMT and the mid-cap FTSE 250 was up 0.1%. The pound against the dollar appreciated by 0.1%. Shares in easyJet rose 2.8%, leading gains on the FTSE 100, after the airline's winter performance improved on growing demand.

Hipgnosis Songs Fund surged 30.9% after Concord Chorus said it would acquire the music investor for $1.4 billion. AJ Bell rose 4.7% after the investment platform reported record assets under administration.

Deliveroo climbed 5.6% after the meal delivery firm reported it returned to order growth in the first quarter. On the flip side, Dunelm Group fell 4.3% after the home furnishing retailer missed third-quarter sales estimates.

Later in the day, investors will parse comments from BoE's Greene to gauge the central bank's rate cut outlook.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)