(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window)
* FTSE 100 up 0.2%, FTSE 250 down 0.2%
Nov 20 (Reuters) - London’s FTSE 100 inched higher on Friday, as a weaker pound boosted shares of exporters, although gains were capped on concerns over economic damage from rising coronavirus cases and a Brexit-trade deal uncertainty with the European Union.
The blue-chip FTSE 100 index rose 0.2%, with energy , pharmaceutical and mining stocks among the biggest boosters.
A weaker pound lifted shares of large, dollar-earning companies such as Diageo Plc and British American Tobbacco Plc.
The domestically focused mid-cap FTSE 250 lost 0.2%.
Official data showed that British retail sales rose 1.2% in October, up 5.8% on-year, but a Reuters poll stated that Britain is on course for a double-dip recession as renewed lockdown measures to curb a second wave of infections deliver another hammer blow to economic activity.
In company news, Sage Group Plc fell 10.2% after the software firm reported a 3.7% drop in full-year organic operating profit.
Reuters Breakingviews is the world's leading source of agenda-setting financial insight. As the Reuters brand for financial commentary, we dissect the big business and economic stories as they break around the world every day. A global team of about 30 correspondents in New York, London, Hong Kong and other major cities provides expert analysis in real time.
Sign up for a free trial of our full service at https://www.breakingviews.com/trial and follow us on Twitter @Breakingviews and at www.breakingviews.com. All opinions expressed are those of the authors.