The FTSE 100 ended the first week of January on a high as it closed above 7,200 points for the first time ever, driven by healthy US jobs data and strong performances in the defence sector.
It's been another record-breaking day for the FTSE 100, which finished the year Friday at another all-time high.
The link between executive pay and company performance is “negligible”, according to a study that will fuel arguments for reform of corporate wage packets.
The Dow Jones Industrial Average closed at a record high on Thursday, rising more than 200 points as traders continued to absorb Donald Trump’s victory in the US presidential race.
The dramatic collapse in the pound overnight is being scrutinised by the Bank of England amid suggestions that a “fat finger” error or computer-generated trade was behind the slide in sterling to a new 31-year low.
The value of Britain’s top 100 companies came close to an all-time closing high on Tuesday as the stock market benefited from a plunge in the value of sterling.
A City report will recommend exposing the gap between a company’s boardroom pay and that of the wider workforce as part of a package of measures to reform executive salaries.
The FTSE 100 index burst into bull market territory after Theresa May emerged as successor to David Cameron, providing a further boost to surging stocks on both sides of the Atlantic.