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Business & Finance · Oct 19, 2026

FTSE 100 caps best week in six months as investors seek safety ahead of UK budget

London’s FTSE 100 notched its strongest weekly gain since April as investors shifted into defensive sectors and reacted to reassurances from Chancellor John Healey ahead of the October 28 budget. The move highlights market caution over AI sector weakness and rising gilt yields, and raises stakes for Healey’s fiscal plans.