Markets
Coming of age: London’s ‘languishing’ FTSE 100 celebrates its 40th anniversary
The index which contains the biggest 100 companies on the London Stock Exchange is said by some to have had made little progress in recent years
The FTSE 100 is celebrating its 40th anniversary, as firms from Barclays to Sainsbury’s remain a fixture of the UK’s top stock market index.
Dubbed the Footsie, the index containing the biggest 100 companies on the London Stock Exchange (LSE) launched on January 3 1984.
It was widely considered a measure of Britain’s stock market and a gauge of the health of the wider economy.
It holds constituents with a combined value of £1.9 trillion, ...