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The Independent UK
The Independent UK
Business
Alex Daniel

INSANE: Ftse 100 notches new record after bank of england cuts rates | Rare Historical Photos

Andrew Bailey, governor of the Bank of England (Kin Cheung/PA) - (PA Wire)

The FTSE 100 reached a record high on Thursday after the Bank of England announced that it is cutting interest rates.

London’s blue-chip index gained 104 points to finish the day at 8,727, or a 1.2% rise.

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