Business
These UK Stocks Are Expected To Pay Bumper Dividends But Beware Of Broken Promises
July 8, 2021
February 7, 2025
By Evans Momodu
1 minute read
The FTSE 100 is unlikely to reach another record high today, following its latest peak yesterday. The index has fallen 0.33%, signaling a return to more typical market activity after recent record-breaking closes.
A weaker pound had previously boosted the FTSE 100 by making shares more attractive to international investors.
However, the FTSE 250, which consists of more UK-based companies, has not enjoyed the same gains and has dropped 0.44%, with its last record high occurring over three years ago.
The pound has strengthened throughout the week, now sitting at $1.2449, after dipping to $1.22 on Monday following Donald Trump’s tariff announcements. Sterling has also rebounded to €1.20 after falling in response to yesterday’s interest rate decision.
Oil prices have remained stable around $74 per barrel, compared to last year’s average of $80, suggesting that motorists could see lower fuel prices next week.
Source: Sky news
Image: IG
