European shares rose on Tuesday, tracking rises on Wall Street and in Asia as better-than-expected results for Banco Santander helped put Spanish market.
London's internationally-focused FTSE index. FTSE took heart from another nudge lower in the pound ahead of the results of a Conservative leadership race which should see Boris Johnson anointed as the next prime minister.
Hopes that the European Central Bank will cut interest rates on Thursday by 10 basis points to boost economic growth also fed into the positive sentiment. Some expectations still remain that the bank may set the stage for a September cut.