Evening Standard

FTSE hits new record as global stocks buoyed by US interest rates hopes

Source: PA Archive

The UK’s top stock index has had another record-breaking week, closing at a fresh all-time high after being boosted on hopes of interest rate cuts across the pond.

The FTSE 100 was 41.34 points higher on Friday, or 0.51%, closing at 8,213.49, thanks to a boost from housebuilders and financial services stocks.

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