FTSE 100 hits 12-month high after BoE boost

First move in seven years

Laura Dew
clock • 1 min read

The FTSE 100 has reached a 12-month high this morning following the Bank of England's historic move yesterday to cut rates to 0.25%, while also expanding its QE programme with a £60bn government bond and £10bn corporate bond buying package.

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Economics

Trustpilot