FTSE 100 Climbs as UK Shares Get Lift from Iran-U.S. Deal Bets, Oil Slides
FTSE 100 rose 1.6% to close at 10,471.7, its highest since May 27, as banks and miners rallied while energy stocks fell with oil prices. UK GDP slipped 0.1% in April, the first monthly decline since August. Inflation expectations climbed, with the Bank of England’s next rate decision set for June 18.