Speculation that incoming prime minister Liz Truss is planning a freeze to energy bills lifted retailers and stocks with exposure to the UK economy today.
Marks & Spencer and Next were among the consumer-focused stocks sharply higher on hopes that households will be able to commit more of their budgets towards discretionary spending rather than bills.
Sterling also firmed today, having stood near its lowest level since 1985 amid fears over the economic impact of the energy crisis.
