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Evening Standard

Anna Wise

FTSE 100 hits new record high as New Year rally gains momentum

New Year AstraZeneca United Kingdom

The blue-chip index was ‘surfing a wave of investor optimism’, according to one analyst (Jeff Moore/PA) - (PA Archive)

The FTSE 100 has soared to new heights after surpassing a milestone level as the New Year rally gains further momentum.

The blue-chip index rose to a new record high after a strong day of trading for drugmakers and some of the UK’s biggest retailers.

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