The only way is up: Will FTSE hit 10,000 by 2022?

Three prominent London Business School academics have calculated the FTSE 100 has a 50% chance of hitting the 10,000 level by 2022, following its recent record-breaking performance.

On Tuesday, the FTSE index broke through its previous all-time high of 6,930 achieved in 1999, to close at 6,949.63.  Since then it has fallen back slightly, but professors Elroy Dimson and Paul Marsh and Dr Mike Staunton have made predictions on how quickly the blue-chip index could race ahead to the 10,000 milestone. In 2002, when the index was at a low of 3,858 following the dotcom bubble, the trio gave the index a 50/50 chance it would overtake its 1999 high in 2013, but they were a couple of years off. Using the same methodology, the professors suggest there is a one in two ch...