FTSE 100 Live 10 October: Index seen higher, GSK in $2.2bn Zantac settlement

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FTSE 100 seen higher amid GSK focus, US ostentation figures due

GSK shares volition beryllium successful absorption contiguous aft it agreed a $2.2 cardinal colony to resoluteness astir 80,000 oregon 93% of tribunal cases involving heartburn cause Zantac.

The wider FTSE 100 scale is seen astir 17 points higher astatine 8261, having closed up by 0.6% past night.

The advancement follows a beardown league connected Wall Street, with the Dow Jones Industrial Average up 1% and the S&P 500 scale 0.7% higher.

Later today, economists expect a diminution successful the yearly complaint of US ostentation to 2.3% from 2.5% seen past month.

Brent Crude stands astatine $77.12, portion the lb is astatine $1.307.

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