FTSE indexes set for weekly gains as defence stocks rally and rate cut hopes grow
London shares rose Friday as defence stocks led a weekly rally. Investors expect a March rate cut despite data showing persistent price pressure risks.
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Britain 
GB equity markets climbed on Friday, Feb. 20, as the defence sector led a broad advance that put both the FTSE 100 and FTSE 250 on track for notable weekly gains. The blue-chip FTSE 100 traded just below a record high during the session, marking its largest one-week jump in nearly two months. This upward momentum reflects a shift in investor sentiment following recent inflation data that showed price growth nearing the Bank of England’s 2% target.
GB equity markets climbed on Friday, Feb. 20, as the defence sector led a broad advance that put both the FTSE 100 and FTSE 250 on track for notable weekly gains. The blue-chip FTSE 100 traded just below a record high during the session, marking its largest one-week jump in nearly two months. This upward momentum reflects a shift in investor sentiment following recent inflation data that showed price growth nearing the Bank of England’s 2% target.
