BUSINESS LIVE: Frasers ups Hugo Boss stake; Cerillion profits boosted

BUSINESS LIVE: UK assets rally as Rishi Sunak confirmed as PM; Frasers lifts Hugo Boss stake; English language demand boosts Pearson

The FTSE 100 is up 0.6 per cent in afternoon trading as gilts and sterling rally sharply, after former Chancellor Rishi Sunak  was confirmed as Britain’s next Prime Minister. 

Among UK companies with reports and updates are Frasers Group. Cerillion, Pearson and Auto Trader Group. Read the Monday 24 October Business Live blog below.

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