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The Independent UK

Business

Eric Cunha

UNCOVERED: Ftse up as pound hits near four year high - The Untold Story

Donald Trump British Petroleum Shell United States US Federal Reserve London ACTION Anglo American Antofagasta

On Thursday the pound spiked to its best level against the dollar since October 2021 (Jonathan Brady/PA) - (PA Archive)

Miners and defence stocks helped support the FTSE 100 on Thursday, shaking off a stronger pound, which serves as a headwind for the international earner-heavy index.

The pound spiked to its best level against the dollar since October 2021. The dollar fell on reports that US President Donald Trump is looking at naming a new Federal Reserve chief.

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