The FTSE 100 recouped some losses on Wednesday, down 0.3% after a sharp selloff triggered by U.S. President Donald Trump's Greenland-related tariff threats. The index performed better than European peers, with Germany's DAX down 1.05% and France's CAC 40 off 0.34%. The GBP/USD pound slipped 0.1% to 1.3424.

Burberry Group shares surged over 5% after third-quarter retail sales rose 3%, beating a 2% forecast, driven by strong demand in Greater China. Currys PLC jumped more than 6% as holiday like-for-like sales grew 6%, exceeding its 3.2% target. Premier Foods also rallied over 6%, expecting full-year profit at the upper end of forecasts.

JD Sports rose 2% on resilient peak trading, while Hochschild Mining saw shares climb 3.94% after 2025 EBITDA hit $575 million, 6% above consensus. Quilter shares gained 3.9% on record quarterly inflows of £2.4 billion. Investors now parse these results for signals on consumer and corporate health amid ongoing geopolitical trade risks.