LONDON, Dec 16 — UK shares rose today as upbeat economic outlook from the US Federal Reserve powered global risk sentiment ahead of a Bank of England meeting, while Domino’s Pizza Group surged more than 27 per cent.
Domino’s Pizza Group jumped to the top of the mid-cap FTSE 250 index after raising its medium-term sales forecast and saying it had reached an agreement with its franchisees over commercial terms for profit-sharing. “Normally investors have a really good idea of what decision the bank was going to make because it is signposted ahead of time. But what happened in November has knocked people’s confidence, they’re just not sure which way the BoE is going to jump,” said Danni Hewson, financial analyst at AJ Bell.
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