FTSE treads water as it looks past Russian turbulence

News Snapshot:

S hares in London’s top index treaded water on Tuesday as the capital’s financial companies managed to only just keep the FTSE 100 above water. By the end of the day, the FTSE had gained 0.1%, closing up just 7.88 points at 7,461.46. “Overall, London markets have set aside yesterday’s unease over the situation in Russia and focused on economic data closer to home,” said Danni Hewson, head of financial analysis at AJ Bell. “In the UK there are further signs that we are past the peak for food price inflation, which will be welcome news for households up and...