Live, rolling coverage of business, economics and financial markets as investors buy UK defence stocks and await Bank of England interest rate decision
The FTSE 100 is up 0.4%, but that is enough to push it to a record high of 10,978.87 points.
That was slightly up on yesterday’s mark of 10,951.
UK and European markets are mixed this morning, with UK large-and mid-caps rising but small-cap and Aim declining. German and Italian indices are lower, whilst French and Spanish rise. This followed yesterday’s announcement that the Fed was leaving interest rates unchanged, with three hawkish dissents.