FTSE 100 loses ground by lunch as sterling hits multi-year highs against the dollar | 21 January 2021
21 January 2021 | 12:08pm StockMarketWire.com - The FTSE 100 was up 0.2% to 6,755.62 by midday, its progress stunted by sterling strength against the dollar. US futures suggested stocks would hit new record highs on Wall Street as 46th president Joe Biden gets his feet firmly under the table in the Oval Office. Sage Group has reported a near 5% rise in recurring revenue for the final three months of 2020, as it confirms plans to 'progressively increase investment' over the coming year. The group's recurring revenue increased by 4.7% to £408 million, supported by software subscription growth...
Source: stockmarketwire.com