FTSE 100 hits new high despite worries over potential US government shutdown

Sir Keir Starmer thanked businesses for taking the brunt of tax raises last year with national insurance increases (Danny Lawson/PA) - (PA Wire)

The FTSE 100 ended the quarter with a flourish, hitting an all-time high on Tuesday, as hopes grew of a peace settlement in the Middle East and as Sir Keir Starmer reiterated a commitment to fiscal responsibility.

The FTSE 100 index closed up 50.59 points, 0.5%, at 9,350.43, beating its previous record close of 9,321.40 in August.