Article 71DGK Tech shares slide after SoftBank sells Nvidia stake; UK interest rate cut expected in December – as it happened

Tech shares slide after SoftBank sells Nvidia stake; UK interest rate cut expected in December – as it happened

by
Graeme Wearden
from on (#71DGK)

Rolling coverage of the latest economic and financial news


The weakening UK jobs market hasn't deterred traders from driving the UK stock market to a new record high.

The FTSE 100 index of blue-chip shares, which closed at a record high last night, has jumped further at the start of trading.

Over 329,000 more people have moved into work this year already, but today's figures are exactly why we're stepping up our plan to Get Britain Working.

We've introduced the most ambitious employment reforms in a generation to modernise jobcentres, expand youth hubs and tackle ill-health through stronger partnerships with employers.

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