FTSE rally continues to cross 5,100

clock

The FTSE 100 index is continuing its strong performance this week with major gains for BT Group on the back of a deal with the regulator Ofcom.

BT Group has so far earned 8p or 3.68% to 225.5p after the phone operator agreed to provide competitors with cheaper phone lines into homes and offices. This will prevent the former monopoly from being threatened with breakup. British Airways has also gained 3.5p or 1.25% to 282.5p even though the oil price has risen again slightly. Hays, the recruitment agency, is also up 1.5p or 1.19% to 127.25p while high street retailer Kingfisher is continuing its rally on the back of yesterday’s positive consumer spending news, having gained another 3.25p or 1.29% to 254.75p. Pearson has made...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Investment

Darius McDermott: Complacency at the peak

Darius McDermott: Complacency at the peak

'Markets to hit new highs, while credit spreads are at multi-decade lows'

Darius McDermott
clock 08 September 2025 • 5 min read
Brown Advisory snaps up Marylebone Partners following summer talks

Brown Advisory snaps up Marylebone Partners following summer talks

Fees lowered as part of deal

Patrick Brusnahan
clock 08 September 2025 • 1 min read
Why investors should be getting revved up about Vietnam

Why investors should be getting revved up about Vietnam

From conflict to confidence

Gabriel Sacks
clock 04 September 2025 • 4 min read