FTSE 100 hits record high ahead of expected interest rate cut
Most sectors in the FTSE 100 were up, boosted by strong corporate earnings. AstraZeneca, the FTSE 100’s most valuable company, rose 4.8 per cent following better than expected results. Shares in Babcock, an engineering outsourcer, rose as much as 11 per cent after it upgraded its outlook.
FTSE 100 LIVE: Stocks push higher as Bank of England cuts interest rates to 4.5%
The FTSE 100 ( ^FTSE) and European stocks were higher on Thursday as the Bank of England is likely to make its first interest rate cut in three months. Analysts predict the benchmark rate will be cut from 4.75% to 4.5% at noon, with with only the hawkish Catherine Mann opposing a reduction in borrowing costs for the first time this cycle.
The FTSE 100 has started the year with a bang, hitting its second all-time high of 2025 this morning, surging past 8,700 ...
London's blue-chip index jumped to a record high on Thursday, lifted by shares of AstraZeneca after upbeat results and ahead ...
Explore the factors behind the FTSE 100's record high, including corporate earnings, interest rate expectations, and sector ...
FTSE 100 heavyweight AstraZeneca helped propel the blue-chip index to a record high today. Here's what investors were ...
UK stocks are notably higher Thursday morning, in line with other major markets in Europe, as investors digest a slew of quarterly ...
UK's FTSE 100 firmed on Wednesday after two straight days of losses, buoyed by gains in shares of heavyweight GSK and gold ...
Babcock International's flying after upgrading its full-year forecasts. I think the FTSE 250 defence share might just be ...
Birmingham-based engineering firm IMI is recovering from a cyberattack this week, isolating systems worldwide.
British stocks were set to fall for the third straight session on Wednesday, as a stronger pound put pressure on the ...
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