News

Pound ‘falls out of bed’ as political uncertainty grows

Speculation is growing that the UK government will call a snap election

Pound ‘falls out of bed’ as political uncertainty grows

UK stocks headed higher on Friday, boosted by a weaker pound, which slid further on growing speculation that the government will call a snap election, MarketWatch reports.

The FTSE 100 index rose 0.1% to 7,517.55, rising for a seventh session in the past eight. For the week, the London benchmark was on track for a 1.9% gain, which would be its biggest weekly advance since early August.

WSJ Logo
Trump Shakes Up Wall Street With Orders on 401(k)s, ‘Debanking’External link

Trump Shakes Up Wall Street With Orders on 401(k)s, ‘Debanking’