Brexit talks fears weigh on sterling

The UK’s FTSE 100 index lifted from a two-month low yesterday as Brexit negotiations dented sterling, while Costa coffee shop owner Whitbread got a late boost when activist investor Sachem Head declared a stake in the company.

The UK’s FTSE 100 index lifted from a two-month low yesterday as Brexit negotiations dented sterling, while Costa coffee shop owner Whitbread got a late boost when activist investor Sachem Head declared a stake in the company.

The index rose 0.5%, outperforming a negative European market thanks to a weaker sterling, which was down 0.4%.