FTSE 100 hits record as interest rate hopes push down UK borrowing costs

Nearly every share on the index rises as fall in value of pound helps multinational companies listed in LondonBusiness live – latest updatesThe UK’s blue-chip stock index hit a record high on Friday, as rising hopes of interest rate cuts this year drove down government borrowing costs.Almost every share on the FTSE 100 rose on Friday, as a fall in the value of the pound boosted multinational companies listed in London and propelled the index above 8,500 points for the first time. Continue reading...

Jan 17, 2025 - 08:00
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FTSE 100 hits record as interest rate hopes push down UK borrowing costs

Nearly every share on the index rises as fall in value of pound helps multinational companies listed in London

The UK’s blue-chip stock index hit a record high on Friday, as rising hopes of interest rate cuts this year drove down government borrowing costs.

Almost every share on the FTSE 100 rose on Friday, as a fall in the value of the pound boosted multinational companies listed in London and propelled the index above 8,500 points for the first time. Continue reading...

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