FTSE starts June on front foot after pound climbs to three-year high
Londons FTSE 100 edged higher this morning as heavyweight commodity stocks lifted the index and the pound climbed to a three-year high.
The blue-chip index advanced 0.7 per cent in early trading, with base metal miners gaining 2.5 per cent as they tracked higher copper and iron prices.
It comes after a shift in tone in Britain helped the pound scale Februarys peak to reach $1.4250 this morning.
Meanwhile, the mid-cap FTSE 250 also added 0.5 per cent, as Wickes Group added 4.3 per cent after the…
