10-05-2018 18:16 via uk.finance.yahoo.com

FTSE sails on sterling slide after BoE

The UK's top share index hit a fresh 3-1/2 month high on Thursday after a decision by the Bank of England to keep rates on hold pushed sterling lower, while shares in Royal Bank of Scotlandsurged after it settled a probe in the United States.The FTSE index closed 0.5 percent higher at 7,700.97 points, outperforming a slightly negative European market.Sterling dropped after the Bank of England held interest rates steady as expected, but trimmed some losses after Governor Mark Carney told the BBC
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