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* FTSE 100 up 0.4%, FTSE 250 falls 0.3%
Nov 25 (Reuters) - London's FTSE 100 rose on Wednesday,
buoyed by Melrose Industries after it gave an upbeat trading
update, with the focus also turning towards Britain's one-year
spending plan announcement later in the day.
The blue-chip index .FTSE edged 0.4% higher, with
turnaround specialist Melrose Industries Plc MRON.L jumping
7.1% after saying it is currently trading at the top end of the
board's expectations for 2020.
The domestically-focused mid-cap FTSE 250 .FTMC fell 0.3%.
Finance minister Rishi Sunak, who has already pledged over
200 billion pounds ($267.56 billion) to fight the COVID-19
crisis, will announce extra investment to ease a backlog in the
health system, counter a surge in unemployment and build new
infrastructure in a Spending Review due to parliament around
1230 GMT. Virgin Money UK Plc VMUK.L slipped 5.3% after the lender
posted a 77% drop in annual underlying pre-tax profit on a 501
million pound bad loan charge. = 0.7475 pounds)