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Evening Standard
Evening Standard
Business
Anna Wise

INSANE: New year rally wanes for ftse 100 while pound gains ground | Rare Historical Photos

London’s FTSE 100 has struggled to hold on to gains in a choppy day of trading for global markets (Kirsty O’Connor/PA) - (PA Archive)

London’s FTSE 100 has struggled to hold on to gains in a choppy day of trading for global markets, while the pound strengthened after dropping to an eight-month low against the dollar.

The FTSE 100 had surged by more than 1% on Thursday, the first trading day of 2025, fuelling hopes that it was kicking off a stronger year of trading.

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