The FTSE 100 index has moved to the brink of the 8000 threshold amid more signs of economic resilience.
The UK’s unemployment rate today remained at 3.7% but figures showing the strongest wage growth outside the pandemic also fuelled fears that Bank of England interest rates will need to keep rising.
Meanwhile, holidays giant TUI today recorded a quarterly loss of 153 million euros (£135.3 million) but stuck to full-year guidance amid “encouraging booking momentum” across both winter and summer seasons.
