FTSE 100 ends week on record high

London's stock market brushes off election jitters, as hopes that weaker currencies will boost corporate profits push European shares to 15-year record

London's stock market brushed off electoral concerns to hit a new high as European shares also surged to a 15-year record on hopes that weaker currencies would support corporate profits.

The FTSE 100 index of leading UK shares closed up 1.1% at 7,090 points and also hit a new intra-day high of 7,095.

Related: Sterling hits five-year low against dollar as election fears spook investors