FTSE 100 Nears 10,000 as SSE Jumps on £33bn Grid Plan; Rate‑Cut Bets Lift Sentiment
LONDON — 12 November 2025. London’s blue‑chip FTSE 100 came within a whisker of the 10,000 mark on Wednesday, touching an intraday record around 9,928 before easing into the close at 9,887.40, a day after notching its highest ever finish. Tuesday’s record close at 9,899.60 followed weaker UK labour data that reinforced expectations the Bank of England could trim rates in December. reuters.com+2investing.com+2 What moved the market The index’s latest push higher was powered by utilities and energy, led by SSE, whose shares jumped more than 10% after the company unveiled a £33 billion five‑year investment plan to accelerate upgrades to