British stocks edged higher on Tuesday morning, while the pound strengthened past the $1.35 level against the dollar, as broader European markets traded mixed.
As of 0848 GMT, the blue-chip index FTSE 100 rose 0.06% and the British GBP/USD rose 0.3% against the dollar.
DAX index in Germany rose about 1%, the CAC 40 in France fell 0.2%.
UK round up Christie Group stock surges after stronger than expected trading
Christie Group plc (LON:CTG) stock jumped 8% after the professional business services firm announced it expects to report stronger full-year performance than previously anticipated, driven by robust trading activity in the final quarter of 2025.
The company cited particularly strong invoicing expected in Q4, with its Christie & Co brand advising on over 1,000 UK business sales or purchases at "markedly improved levels of average fee" compared to 2024. The firm’s international brokerage operations are also on track to deliver strong YoY revenue growth.
Pets at Home names new CEO
Pets at Home Group PLC (LON:PETSP) has appointed James Bailey, the former managing director of Waitrose, as its new chief executive officer.
Bailey will take on the role effective March 30, 2026, the UK pet care retailer announced.
Ryanair fined €255 million by Italian regulator for market abuse
Italy’s Competition Authority has imposed a fine of over €255 million on Ryanair DAC and its parent company Ryanair Holdings PLC (NASDAQ:RYAAY) for abusing its dominant market position in the travel market.
The penalty comes after an investigation determined that the airline implemented an abusive strategy against both online and traditional travel agencies. The anti-competitive practices occurred over a two-year period, starting in April 2023 and continuing through at least April 2025.
The Italian regulator found that Ryanair’s actions specifically aimed to hinder travel agencies’ operations in the market, leveraging the airline’s dominant position to create obstacles for these businesses.
