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UK stocks rose in early Tuesday trade, boosted by strong financial results from hotel companies.
InterContinental Hotels Group (IHG) shares climbed 3.5% after posting its third quarter results. The company said it was confident in its outlook for the year due to encouraging trading trends.
Premier Inn owner Whitbread also saw strength in its hotels business which, combined with growth in its Costa Coffee brand, which helped it to post first-half profits of 5.4%. Shares in the company rose 2.8%.
Overall, the FTSE 100 was up 8.74 points or 0.14% at 6,361.07. On the currency markets, the pound was 0.21% higher against the dollar at $1.5497 and up 0.504% against the euro at €1.3663.
