UK interest rates cut to 4.5% in split vote – business live
Rolling coverage of the latest economic and financial news, as UK share index bursts over 8,700 points for first timeEvelyn de Rothschild left bank in 2004 after sexual misconduct complaintBritain’s blue-chip share index has hit a new all-time high at the start of trading, as investors anticipate a cut in UK interest rates today.The FTSE 100 index has gained 0.8% to a new intra-day peak of 8,695 points, up 72 points today, above the previous record of 8,692 points set last month.After a severe allergic reaction on Monday after the tariff news, markets continued to be relatively sedated yesterday as investors continued to price out the chance of aggressive tariffs. Continue reading...
Rolling coverage of the latest economic and financial news, as UK share index bursts over 8,700 points for first time
Britain’s blue-chip share index has hit a new all-time high at the start of trading, as investors anticipate a cut in UK interest rates today.
The FTSE 100 index has gained 0.8% to a new intra-day peak of 8,695 points, up 72 points today, above the previous record of 8,692 points set last month.
After a severe allergic reaction on Monday after the tariff news, markets continued to be relatively sedated yesterday as investors continued to price out the chance of aggressive tariffs. Continue reading...
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