The index of largest companies listed on the London Stock Exchange reaches its highest level
The London Stock Exchange. The FTSE 100 hit its first record high in more than four years in early February.The London Stock Exchange. The FTSE 100 hit its first record high in more than four years in early February.Britain’s100 share index has passed 8,000 points for the first time, as fears of a global recession ease.
Shares were boosted as traders welcomed Wednesday’s release of better than forecast inflation numbers, raising hopes the Bank of England will not be bounced into hiking its rate further than markets are anticipating. The consumer prices index fell to 10.1% for January, down from 10.5% in December and more than the 10.3% that had been expected.
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