General · 19 May 2026
Why did weak jobs data boost the FTSE 100?
Investors grew more hopeful about borrowing costs after weaker employment figures eased fears of another interest rate increase. Reuters reported that Britain’s FTSE 100 climbed 0.61% on Tuesday, while the FTSE 250 gained 0.81% as softer labour market data reduced pressure on the Bank of England. Markets reacted after figures pointed to slower hiring and weaker demand for workers.
Reported by Reuters · How we write briefs