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ALL-TIME HIGH: The FTSE 100 just hit its highest level ever

The FTSE 100 — Britain's benchmark share index — just hit the highest level in history, smashing its previous record, set in April 2015. Around 12:05 p.m. BST (7:05 a.m. ET) the index hit 7,128 points, surpassing its previous intraday high of 7,123. That's an increase of just more than 0.4% so far on the day. Here's the chart: Gains are being led by Whitbread, the retail company which owns Costa Coffee and several other major names, and high street stalwart Next.
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