Stocks surge for May’s plan! FTSE 100 jumps to 16-month high amid PM’s Brexit announcement

Stocks surge for May’s plan! FTSE 100 jumps to 16-month high amid PM’s Brexit announcement
 

The FTSE 100 jumped more than one per cent to touch 6,986 on Monday, coming at the same time as it was revealed manufacturing output is at a two-year high.
The index is now just 15 points from the bumper 7,000 mark.
A weaker pound also helped power the FTSE, after it was revealed Britain's would begin its exit from the European Union (EU) in the spring.
Sterling fell to a three-year and 31-year low against the euro and dollar respectively following the news.
Connor Campbell, financial analyst at Spreadex.com, said: "Monday morning saw yet another positive manufacturing PMI surprise for... read more

 
3 October 2016 in Business, Views: 37
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