FTSE 100 hits record as interest rate hopes push down UK borrowing costs | FTSE
The UK’s blue-chip stock index has hit a record high, as hopes of interest rate cuts this year drove down government borrowing costs. Almost every share on the FTSE 100 rose on Friday, the fall in the value of the pound bolstering multinationals listed in London and propelling the index above 8,500 points for the…