Shares in Europe were lifted on Thursday by solid earnings of BT and major oil companies.

The pan-European FTSEurofirst 300 index bounced back by rising 0.3% after falling 1.2% to its lowest in nearly a month.

BT’s stocks rose 3.1% after it reported a better-than-expected 6% jump in full-year earnings.

Oil companies also benefited from firmer oil prices; with Spanish oil firm Repsol rising 4.5%.

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