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FTSE shakes off inflation fears with end-of-week surge


FTSE shakes off inflation fears with end-of-week surge
The FTSE 100 closed the week out on a high as inflation fears subsided (Ian West/PA)
The wobbles facing the stock market earlier in the week looked firmly in the past as the London Stock Exchange closed on a high.
The FTSE 100 leading index of shares ended the day up 80.28 points, or 1.15%, at 7043.61 – closing back above the psychologically important 7,000 mark for the first time since Monday.
Fears had been raised previously that the global economy was overheating and higher inflation was on its way – starting with a tech sell-off in the US earlier in the week. ....

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