FTSE 100 down 0.8, FTSE 250 adds 0.1
PM Sunak sacks interior minister Braverman
Strong pay growth in UK spreads to public sector
British Land sees strong rental growth, shares up
Phoenix rises on raising cash target

Nov 13 Reuters The UK39;s FTSE 100 started the week higher, led by a rise in industrial metal mining stocks as prices of copper rose, while insurer Phoenix Group lifted the life insurance index on a forecast upgrade.

The commodityfocused FTSE 100 was up 0.8 at 920 GMT, while the midcap index added 0.1.

Industrial metal miners climbed 1.2, helped by a rise in copper prices on a softer dollar.

Phoenix Group raised its fullyear cash generation forecast after it completed the merger of two of its insurance brands.

The insurer was up by 7.5 while the broader life insurance index gained 1.9, leading sectoral gains.

Property firm British Land expects estimated annual rental value growth at the top end of its previous forecast range.

The property firm jumped 5.7 to the top of the FTSE 250, while the real estate index rallied 0.8 on the news.

With the UK approaching the peak for base rates, British Land is optimistic that its strong occupational fundamentals and the quality of its assets will support performance going ahead, potentially marking a turning point for the sector, said Victoria Scholar, head of investment at interactive investor.

Dr Martens slipped 4.0 after Barclays reduced its price target on the bootmaker39;s stock.

Tullow Oil shares…