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The Independent UK

Business

Alex Daniel

FTSE 100 notches new record after Bank of England cuts rates

Andrew Bailey Bank of England AstraZeneca London

Andrew Bailey, governor of the Bank of England (Kin Cheung/PA) - (PA Wire)

The FTSE 100 reached a record high on Thursday after the Bank of England announced that it is cutting interest rates.

London’s blue-chip index gained 104 points to finish the day at 8,727, or a 1.2% rise.

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