London stocks edge higher with economic data in focus





British stocks edged higher on Thursday supported by a rise in mining and automobile shares, while caution prevailed ahead of a slew of domestic and global economic data that could provide cues on the interest rate path.


As of 8:13 GMT, the FTSE 100 rose 0.4%, while the more domestically focused FTSE 250 gained 0.3%.


The automobiles and parts index led sectoral gains with a 1.6% rise after data showed new car sales in Britain rose about 10% in March.


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