London’s FTSE 100 hit a record high Friday, as international exposure in the equity index shielded it from much of the turmoil that has weakened the pound, gilts and domestic stocks.

The new all-time closing high came on the back of a weaker pound, which was trading at $1.22 against the dollar, and expectations of further interest rate cuts.

Analysis of FTSE 100's 2025 outlook now that it has risen to a new all-time high, examining key drivers including P/E ratios, dividend yields, sterling weakness and technical factors that could push the index to 9,

FTSE 100 surged around 1% to hit a record high of 8,480.57 points as inflation drop sparks hopes of Bank of England rate cuts.

The FTSE 100 has hit a new all-time high this morning as investors ramp up their bets on interest rate cuts by the Bank of England.

The UK's blue-chip FTSE 100 hit an all-time high on Friday, supported by a weaker pound after much softer than expected retail sales data boosted expectations of an interest rate cut next month. The FTSE 100 rose 1.