FTSE 100 Nears 10,000 as SSE Jumps on £33bn Grid Plan; Rate‑Cut Bets Lift Sentiment
London’s FTSE 100 hit a record intraday high near 9,928 on Wednesday before closing at 9,887.40, just below Tuesday’s all-time finish. SSE shares soared over 10% after announcing a £33 billion grid investment plan. Investors bet on a December Bank of England rate cut after weak UK jobs data. AstraZeneca and Vodafone also posted strong gains.