FTSE 100 hits record high

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FTSE 100 Live: Pound Falls, UK Stocks Rally Ahead of Expected BOE Rate Cut
UK stocks have opened in positive territory, with the FTSE 100 up 0.7% and the FTSE 250 up 0.4%. The pound has weakened more against the dollar, now down 0.3%, and is about flat against the euro. Gilt yields aren’t moving much.
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.
FTSE 100 Live 06 February: Index higher ahead of interest rates decision, AstraZeneca results
The FTSE 100 index is set to make a swift return towards record territory after IG Index futures forecast a rise of 58 points at the opening bell. The gain follows yesterday’s advance of 53 points to 8623 as the top flight clawed back earlier losses caused by America’s 25% trade tariffs on Mexico and Canada. The record high is 8692.
FTSE 100 Live: Bank of England Cuts Interest Rates to 4.5%
The Bank of England will announce its latest interest rate decision at noon in London, with markets expecting a 25 basis point cut UK stocks rally, helped by a rise for drugmaker AstraZeneca, while the pound falls against the dollar
Britain's FTSE 100 dips marginally ahead of BoE rate decision
British stocks were set to fall for the third straight session on Wednesday, as a stronger pound put pressure on the export-heavy index, while caution prevailed ahead of the Bank of England's rate decision.
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