08 Oct 2025 | 5 Mins Read
FTSE 100 hits record high as banks rise
Flipitmoney
Britain's FTSE 100 hit a new intraday record, up 0.6%, led by financial stocks. Lloyds Banking Group gained 2.6% after a lower proposed redress package. Gold miners rose 2.1% and 1.5% after gold prices reached a record high of $4,000 per ounce. The FTSE 250 dropped 0.1% due to real estate stocks, with Unite Group plummeting 9.8% after lower rental growth.