General · 19 May 2026
Why did weak jobs data boost the FTSE 100?
Kaihsu Tai via Wikimedia Commons (CC BY-SA 3.0)
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