The FTSE 100 index reached a new closing high, boosted by hopes of a resolution to the Russia-Ukraine conflict and strong performance from retailers.
London stocks rose on hopes that a diplomatic solution to the Russia-Ukraine war is on the horizon, boosting investor confidence.
The FTSE 100 briefly set a fresh intraday high on Friday and looked set for weekly gains, even as defence stocks lagged.
UK's main stock index slips 0.42% post-record close, led by Standard Chartered loss and retail woes.
London’s blue-chip index set a record close as defence and financial stocks advanced after UK growth surprised on the upside.
UK equities advanced as softer US inflation buoyed risk assets, though domestically focused names underperformed.
UK stocks hit new highs as investors shake off trade worries; inflation and unemployment rise.
The FTSE 100 reached a record high, driven by optimism over a US-EU trade deal and strong corporate earnings.
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