Cracking its seven session-long winning streaks, with the London market ending on a negative note, William Hill came out to be among the risers.

Mourning the sharp share price falls since the end of March; the bookmaker was marked up by 6.6p to 184.2p after UBS hence influencing investors to buy into the stock.

William Hill would face fairly limited risks from next week's emergency Budget, said the broker. With small outlook of momentous changes to gaming duties, VAT was expected to rise, which would then be passed on to customers.

UBS said "Under the previous administration, there were discussions on whether there would be a change in the methodology in the duty levied on gaming machines, but whether the new administration has had time to assess such a change in format is unlikely".

Easing by 3.05 points to 5,250.84 as the recent rally finally ran out of steam, the FTSE 100 fell back. Booking a rise of 88.9 points to 9,952.7, the FTSE 250 fared better.

BP was 2.25p lower at 357.45p in the midst of late reports that it was in quest of up $7bn in loans from seven banks.

With recent days seeing top bosses visiting the White House, approving to set up a Gulf of Mexico allege fund, deferring the share and confirming in front of lawmakers, the stock touched a session high of 379.5p, up
19.8p.