US EditionUK's FTSE 100 closes near record highs after labour data raises rate-cut bets
- The UK released new labour market data today showing a fall of 55,000 payrolled employees between March and April 2025.
- This drop follows previous employment declines and likely reinforced market expectations for Bank of England interest rate cuts.
- In response, the FTSE 100 index rose 14.22 points to 8867.30, nearing its all-time high set in early March 2025, led by Asia-focused stocks.
- Market sentiment improved following the US-China trade framework agreement, although M&S shares declined by 5.9 pence to 367.5 pence and JD Sports decreased by 1.5 pence, ending at 80.5 pence.
- The data suggests investors anticipate looser UK monetary policy ahead, though broader economic and trade challenges continue to affect outlooks.
18 Articles
18 Articles
UK's FTSE 100 closes near record highs after labour data raises rate-cut bets
London shares gained on Tuesday, with the FTSE 100 within touching distance of its all-time high after soft labour market data added to bets of more interest rate cuts in the year, while investor attention remained on U.S.-China trade talks.
The Independent
Cryptocurrency News | Cryptocurrency Prices | Market CapHousebuilding and China trade hopes lift London stocks
Figures showed the unemployment rate rose slightly in the three months to April, as expected.
UK shares: 2 opportunities and 2 traps to avoid
It has been a strange year so far on the London stock market. The flagship FTSE 100 index has hit new all-time highs, yet some brokers worry about ongoing valuation gaps for UK shares compared to the US. Amid these choppy waters, here are a couple of opportunities I have spotted – and a pair of possible traps I hope to avoid. Opportunity 1: quality companies at bargain basement prices I see those valuation gaps as a potential chance to pick up s…
Business news – live: FTSE 100 close to record high as stock markets open – UK Times
Business news – live updates Good morning and welcome to our new live blog coverage of the UK’s business and stock markets news. Every weekday, we’ll be bringing you market reaction, share price changes, company news and everything related to business and finance around the UK. Karl Matchett11 June 2025 07:56 The post Business news – live: FTSE 100 close to record high as stock markets open – UK Times appeared first on UK Times.
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