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FTSE 100 hits new record for 14th day

London’s blue chip index recorded its 14th consecutive day of gains, hitting an intra-day record of 7,338.49 and closing at 7,337.81

It is on its longest winning streak since its inception in 1984, and is being driven by the low value of sterling.

Any further devaluation of the pound would probably support the index higher.

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