The FTSE 100 climbed to a record high, buoyed by rising expectations of Bank of England interest rate cuts and strong gains in HSBC shares.
FTSE 100 Lags Wall Street Rally Despite US–China Trade Optimism
The FTSE 100 rose only 0.2% on Monday, trailing gains seen in the US, where optimism over a potential US–China trade deal drove a strong rally on Wall Street.