FTSE 100 nears record high as inflation fears ease
by Graeme Wearden from on (#67SVC)
Blue-chip stock index ends week 1% off all-time best as markets across Europe rise amid falling energy prices
The UK's FTSE 100 share index approached a record high on Friday, as European markets were lifted by hopes that the inflation shock from energy prices is easing.
The blue-chip stock index, which includes the 100 largest companies listed in London, hit its highest level in more than four years. It touched 7,864.95 points, less than 1% away from the record intraday high of 7,903 points set in May 2018, before closing at 7844.07.
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