London close: Shares extend gains ahead of Brexit talks, Fed minutes

London stocks finished with solid gains and near their session highs on Wednesday despite the powerful drag from Sainsbury's after the competition watchdog cast doubt over its merger with Asda, with investors waiting on the release of the Federal Reserve meeting minutes after the close and possible developments from Theresa May's latest talks in Brussels. 

McBride tumbles after profit warning

European manufacturer McBride warned investors on Wednesday that its full-year adjusted pre-tax profits would come in roughly 10-15% lower than in the year before, as it struggles to cut back on raw material and logistics expenses. 

UK government to protect companies with new outsourcing rules

The UK government will on Wednesday announce measures to reduce risks taken by private firms that provide public services, as it seeks to assist companies that have become increasingly wary of taking on new government business in the wake of Carillion's collapse last year. 

London pre-open: Stocks seen steady as May heads back to Brussels

London stocks were set for a steady start on Wednesday following a mostly muted close on Wall Street, as investors eyed the latest minutes from the Federal Reserve and more Brexit talks between Prime Minister Theresa May and European Commission President Jean-Claude Juncker.