FTSE 100 Rises 1%
2026-04-30 11:39
By
Agna Gabriel
1 min. read
The FTSE 100 rose more than 1% on Thursday, supported by strong corporate updates, with Standard Chartered up 3.8% after record profit, Unilever gaining 1.6% on resilient emerging market sales, Rolls-Royce surging 7% on a solid outlook, and Glencore adding 1.6% on improved trading performance.
Also, the Bank of England kept interest rates unchanged at 3.75%, in line with expectations.
Policymakers said rates are in a “reasonable place” and reiterated that they “stand ready” to act if needed to keep inflation aligned with the 2% target over the medium term.
The guidance was largely unchanged, with officials stressing continued vigilance over inflation risks linked to energy prices.
Chief Economist Huw Pill was the only member to vote for a hike, arguing that a “prompt but modest” increase could help guard against inflation pressures from the energy shock.
Following the decision, traders scaled back expectations for near-term rate hikes.