Pound hits 2016 high as FTSE breaks 6,300

Referendum mania helps pound

London’s benchmark index has reached a record two-month high this morning, up 1.4 per cent to 6,348.73. 

It enjoyed such high levels on 22 April when it hit 6,381.58.

Over the past few months, fears over the UK leaving the EU hammered the pound with over £103bn wiped off the index.

The FTSE 100 has risen 5.55% since last Thursday and is set to see one of its best winning streaks in history.