The FTSE 100 finished the session higher, closing up 59.65 points at 9,897, a gain of 0.6% that leaves the index edging closer to its record high of 9,930 set
The FTSE 100 finished the session higher, closing up 59.65 points at 9,897, a gain of 0.6% that leaves the index edging closer to its record high of 9,930 set
The FTSE 100 is set to open lower on Friday, putting the index on course to end the week on the back foot after a strong finish in the previous
The Bank of England has cut interest rates in response to mounting signs of a prolonged slowdown in the labour market.
The FTSE 100 is expected to open little changed on Thursday, with investors bracing for a widely anticipated Bank of England rate cut later in the day.
The FTSE 100 is on track for its best year since 2009, as investors rotate into UK equities amid concerns about a potential bubble in artificial intelligence stocks.
The Bank of England risks falling behind the curve on interest rate cuts and may be forced to “play catch-up” next year if it delays action as inflation continues to
UK inflation fell by more than expected in November, strengthening the case for the Bank of England to cut interest rates this week, according to official data.
The FTSE 100 is expected to open higher on Wednesday as easing inflation strengthens the case for the Bank of England to begin cutting interest rates.
The FTSE 100 is set to open lower on Tuesday after weaker UK labour market data showed a rise in unemployment alongside softer wage growth.
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UK equities opened higher on growing expectations that the Bank of England will cut interest rates next week, after data showed a sharp contraction in the economy.
The FTSE 100 is set to open higher shortly, buoyed by fresh record closes on Wall Street.