FTSE 100 live: London index hoisted higher by HSBC and Persimmon after shock house price rise

FTSE 100 live: London index hoisted higher by HSBC and Persimmon after shock house price rise

City A.M.

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London’s FTSE 100 was hoisted higher this morning by UK banks surging after HSBC posted bumper profits and home builders were pumped up by new data house prices have increased for the first time in several months. The capital’s premier index jumped 0.29 per cent to 7,893.25 points, while the domestically-focused mid-cap FTSE 250 index, [...]

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