Market report: FTSE 100 climbs to three-week high

Stocks in London shrugged off news that the UK economy tumbled into its deepest recession on record yesterday, with the FTSE 100 ending at a three-week high. London’s benchmark index pushed 2pc higher to 6,280.12 as every sector rallied, led by utilities, healthcare and energy companies. A fall in the pound against the euro and the dollar also helped the London stock market to outshine its continental neighbours as investors bought into UK-based multinational companies earning much of thei