18 December 2020 | 09:02am
StockMarketWire.com - The FTSE 100 was higher on opening this morning, defying predictions that it would drop amid growing fears a no-deal Brexit could further damage an economy already hit by Covid-19.
The index was up 0.51% at to 6,584.78. The FTSE 250 recorded a slight rise of 0.0036% to 20,296.76.
Barclays said that Sir Ian Cheshire would be stepping down as chair of Barclays Bank UK and would be succeeded by Crawford Gillies from 1 January 2021.
Barclays shares fell 1.13% to 143.90p.
Insurance company Legal & General said that Julia Wilson, senior independent director, would be stepping down from the board on 31 March 2021.
Shares were down 1.08% at 255.90p.