FTSE 100 share index hits record high ahead of UK interest rate decision; Nissan-Honda $60bn merger ‘basically over’, reports claim – business live

Rolling coverage of the latest economic and financial newsBank of England poised to cut interest rates amid UK economic gloomEvelyn de Rothschild left bank in 2004 after sexual misconduct complaintBritain’s blue-chip share index has hit a new all-time high at the start of trading, as investors anticipate a cut in UK interest rates today.The FTSE 100 index has gained 0.8% to a new intraday peak of 8,695 points, up 72 points today, above the previous record of 8,692 points set last month.After a severe allergic reaction on Monday after the tariff news, markets continued to be relatively sedated yesterday as investors continued to price out the chance of aggressive tariffs. Continue reading...

Feb 6, 2025 - 10:00
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FTSE 100 share index hits record high ahead of UK interest rate decision; Nissan-Honda $60bn merger ‘basically over’, reports claim – business live

Rolling coverage of the latest economic and financial news

Britain’s blue-chip share index has hit a new all-time high at the start of trading, as investors anticipate a cut in UK interest rates today.

The FTSE 100 index has gained 0.8% to a new intraday peak of 8,695 points, up 72 points today, above the previous record of 8,692 points set last month.

After a severe allergic reaction on Monday after the tariff news, markets continued to be relatively sedated yesterday as investors continued to price out the chance of aggressive tariffs. Continue reading...