# FTSE 100 opens higher, Informa leads gains
Author:  Pal Sinha, Barnali 
Author URL: https://financedigest.com/author/pal-sinha-barnali
Published: 2022-11-14
Category: NEWS
Category URL: https://financedigest.com/category/news
Meta Title: FTSE 100 Rises on Weak Pound as Informa Leads with Strong
Meta Description: Discover why the UK's export-oriented FTSE 100 is up 0.5% with Informa's 6.2% jump. Get the latest on British events organiser Informa Plc's
URL: https://financedigest.com/ftse-100-opens-higher-informa-leads-gainshtml

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(Reuters) – UK’s export-oriented FTSE 100 edged higher on Monday as a weaker pound offered support, with shares of Informa jumping to the top of the index after an upbeat earnings outlook.

The blue-chip FTSE 100 was up 0.5% by 0807 GMT. The domestically-focused FTSE 250 midcap index rose 0.1% after logging its best week in almost two years.

British [events organiser](https://www.financedigest.com/6-steps-to-organising-an-introvert-friendly-networking-event.html "6 Steps to organising an introvert-friendly networking event ") Informa Plc jumped 6.2% after it raised its full-year earnings outlook.

The pound dipped against a steadying [dollar after Federal Reserve Governor Christopher Waller said on Sunday that the central bank was not softening its fight against inflation](https://www.financedigest.com/stocks-and-gold-cheer-u-s-inflation-picture-while-dollar-slides.html "Stocks and gold cheer U.S. inflation picture, while dollar slides"). \[FRX/\]

British miners gained 1.4%.

Meanwhile, Finance Minister Jeremy Hunt said on Sunday he will set out tax rises and spending [cuts ahead of this week budget’s](https://www.financedigest.com/icrc-to-cut-some-1500-jobs-as-humanitarian-budgets-seen-sliding.html "ICRC to cut some 1,500 jobs as humanitarian budgets seen sliding") release.

(Reporting by Shashwat Chauhan in Bengaluru; editing by Uttaresh.V)


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