Buoyant trading conditions have continued after the long weekend to leave the FTSE 100 index up 1.1% or 88.87 points at a record 8302.36. Among strongly performing stocks, British Airways owner IAG rose 3% or 5.1p to 183.75p and Flutter Entertainment lifted by 365p to 16,070p. UK property or retail companies also fared well as Barratt Developments added 9.6p to 488.3p and Marks & Spencer rose by 3% or 6.7p to 265p.
Affordability constraints are a significant challenge, the bank said, as its index showed the average property value rose by 0.1% month-on-month.
I’ve always been quite frugal. Born in humble beginnings in a large northern town, I was raised to live within your means and not spend extra on things that can be bought cheaply. This hasn’t really changed since moving to London 12 years ago.
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