Barclays PLC and Tesco PLC on Friday announced an agreement for Barclays to buy the retail banking business of Tesco Bank, as the big UK supermarkets scale back their forays into financial.
Stock prices in London lacked direction on Friday, after Barclays announced plans to buy the retail banking business of Tesco Bank.
The FTSE 100 index opened up 5.17 points, 0.1%, at 7,600.65. The.
European stock markets were quiet heading into Friday afternoon, as investors eye the annual US consumer price index benchmarks revisions.
The FTSE 100 index was up 8.94 points, 0.1%, at 7,604.42..