Table of Contents
An all-time high on the FTSE 100 can be a long wait, but this week was a bonanza for peak-hungry British investors.
The FTSE 100 hit four all-time highs, with only Wednesday’s slight drop ruining what would have been a perfect run for a week.
The return to new highs on Thursday came as a mega-mining merger offer came in from BHP for Anglo American, and that was quickly followed by one of the UK’s few tech stars, Darktrace, announcing it had accepted a bid on Friday.
Are these the catalysts fund manager Nick Train was talking about when he said a big acquisition might be needed to shake UK stocks out of their slumber and get the world investing in Footsie companies again?
In this week’s podcast, Georgie Frost, Tanya Jefferies and Simon Lambert discuss what’s moving the UK market, why it’s considered cheap and whether it should be invested.
Plus, the top mutual funds for retirement investments and the latest twist in the state pension top-up saga.
Should we reduce the inheritance tax – or at least fix the problem – as profits increase?
And lastly, are you a backseat driver? See if you can pass the test.
On a roll: The FTSE 100 has performed well over the past six months and is now hitting new peaks