FTSE 100 share index hits record high as City anticipates interest rate cuts – business live

Rolling coverage of the latest economic and financial news, as Britain’s blue chip share index hits new peak of 8480 points

The FTSE 100 has hit a record high after a strong start to the year.

Since the beginning of January, the index has climbed by 3.75%, adding to the 5.7% it gained during the whole of 2024.

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