FTSE hits all-time high as Brexit talks stall

The FTSE 100 reached a new closing high on Thursday after the latest round of Brexit talks stalled, forcing a fall in sterling.

The blue-chip index closed up 22 points, or 0.3% at 7556.24 on Thursday, beating its previous closing high of 7,547 points in June. The FTSE 250 also reached a record closing high, up 0.4% at 20,251.24.

At one point, the pound was down as much as one cent against the dollar at $1.3123.

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