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The Independent UK
The Independent UK
Business
Eric Cunha

FTSE up as pound hits near four-year high

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On Thursday the pound spiked to its best level against the dollar since October 2021 (Jonathan Brady/PA) - (PA Archive)

Miners and defence stocks helped support the FTSE 100 on Thursday, shaking off a stronger pound, which serves as a headwind for the international earner-heavy index.

The pound spiked to its best level against the dollar since October 2021. The dollar fell on reports that US President Donald Trump is looking at naming a new Federal Reserve chief.

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