Markets: interest rate cut boosts FTSE 100

The FTSE 100 saw a sharp rise yesterday after the Bank of England cut interest rates to 0.25% and extended its quantitative easing programme. The index closed up 1.6% at 6,740.

  • FTSE 100 up 1.6% to 6,740
  • Gold up 0.22% to $1,361.15/oz
  • £/$ 1.3107

FTSE 100

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