FTSE reaches record high as UK opinion poll spooks sterling

Stock market booms as poll putting Labour just 5 points behind Conservatives boosts value of big UK firms with major overseas earnings

Shares in Britain’s biggest companies reached record levels on Friday as a slump in the pound boosted the value of firms with overseas earnings.

The FTSE 100 jumped 63 points to close the day at 7,547, closely followed by the FTSE 250, seen as a better barometer of the health of UK business, which also reached an all-time closing high, rising 57 points to 20,024.

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