The U.K. economy continued its robust expansion in the second quarter, and is now larger than at its pre-crisis peak at the start of 2008.
Russians have been blamed for inflating London house prices, but they are now turning their attention to the rental market.
Royal Bank of Scotland said it made a pretax profit of 1 billion pounds ($1.7 billion) in the second quarter, far better than analysts had expected.
Vodafone received no relief from tough market conditions in the first quarter, with a slowdown in Spain and South Africa resulting in another heavy drop in its key revenue measure.
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Mark Haefele, global chief investment officer at UBS Wealth Management, explains that Europe, and equities in general, are attractive as central banks remain supportive.
David Herro, CIO at Harris Capital, says the geopolitical situation has made European valuations a bit more appealing and that now is a good time to pick up quality European stocks.
European shares were lower on Friday, with investors reacting to earnings news and economic data releases amid ongoing events in Gaza and Ukraine.