FTSE 100 Rises to New Record High
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The FTSE 100 reached a new record high, rising over 0.5% due to strong corporate earnings and positive UK economic sentiment. AstraZeneca shares increased by 3.5% following solid second-quarter results, while Barclays rose 2.5% despite mixed reports. Greggs reported a 7% revenue increase. The IMF predicts UK economic growth will outpace other major European economies. Additionally, Zoopla data indicated rising demand in the housing market, with mortgage approvals in June exceeding expectations.
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