The FTSE 100 rose 0.4% on Tuesday, supported by gains in oil, financial, and mining stocks. BP climbed around 3% after signing a deal with Libya’s National Oil Corporation to help revive two large oil fields, while Shell added nearly 2%. Standard Chartered rose over 2%, and mining giants Glencore, Rio Tinto, and Anglo American gained 2.8%, 1.3%, and 1.2%, respectively. Entain also advanced 2.9% after Bank of America upgraded the stock, citing strength in its US BetMGM joint venture. Market sentiment was influenced by global trade developments, including President Trump’s tariff letters and hopes for further negotiations with Europe. Domestically, concerns resurfaced over the UK’s fiscal outlook after the Office for Budget Responsibility warned that national debt could exceed 270% of GDP by the early 2070s, driven by rising costs tied to an ageing population and growing healthcare needs.