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Evening Standard

Business

City Staff

FTSE 100 Live: Blue-chips fall just short of 8000, but index sets another closing record

Tui Pandemic Unemployment United Kingdom

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.

Read more on the UK jobs market figures

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