FTSE edges towards 5100 barrier

Signs that a cut in the cost of borrowing could be on the cards propelled the FTSE 100 Index to fresh heights today.

FTSE edges towards 5100 barrier
Wed, 22 Jun, 2005 - 18:39

Signs that a cut in the cost of borrowing could be on the cards propelled the FTSE 100 Index to fresh heights today.

Retailers and banking stocks surged on the news that two members of the Bank of England voted for a reduction in interest rates earlier this month.

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