FTSE 100 hits record close again

The FTSE 100 Index has closed above 7,500 for the first time as higher-than-forecast inflation data and confidence over Britain's prospects under a Tory government drove stocks higher.

London's blue chip index reached a mid-session record of 7,533.70 points in afternoon trading, before settling at an all-time closing high of 7,522.03 - up 67.66 points or 0.9% for the day.