The FTSE surpassed the previous intraday record of 8,047.06 from February last year.

London’s FTSE 100 Index has soared to its highest level as the shares rally shows little sign of easing.

The FTSE surpassed the previous intraday record of 8,047.06 from February last year, with investors in good spirits amid continued hopes of geopolitical tensions easing and economic conditions improving.

It comes after the blue-chip share index reached a record-breaking closing level on Monday, finishing at 8,023.87, after surging by more than 1.6%.

In early trading on Tuesday, retailers and financial stocks were among those making gains.

Only a handful of stocks had started the day with losses, including the indices’ top miners.

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