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Weapons and fighter jet manufacturer BAE Systems has seen its shares soar higher as the defence sector received a boost following the Ukraine summit hosted by Prime Minister Sir Keir Starmer over the weekend.
Shares in BAE hit a record high after jumping by 19 per cent at one stage in Monday morning trading, helping the wider FTSE 100 Index also lift to a new all-time high, up 23 points at 8832.8. By 10am GMT they had retraced slightly, but BAE remained up 14 per cent for the day at £16 per share.
It leaves BAE shares up almost 40 per cent for the year to…
