FTSE 100 hits new record as defence stocks surge
Briefly

The Independent emphasizes the significance of funding quality journalism to support comprehensive reporting on pivotal issues ranging from reproductive rights to climate change. It underscores the importance of on-the-ground reporters during critical events, such as the recent summit addressing the Ukraine conflict, which influenced the FTSE 100 hitting a record high due to a surge in defence stocks. Meanwhile, manufacturing companies like Senior are seeing sales growth due to increased demand, highlighting the interconnectedness of global events and financial sectors.
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The FTSE 100 hit a new record high on Monday, as defence firms' stock values soared amid a growing focus on the Ukraine war.
Defence stocks rose after a summit in London when the UK and France announced a coalition of the willing in an effort to secure peace.
Manufacturing giant Senior said sales have picked up for its aerospace division thanks to higher prices, demand for flights, and production improvements.
Read at www.independent.co.uk
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