Record-breaking UK stock market, Tesla on the comeback trail, helping first-time buyers get on the property ladder

Record-breaking UK stock market, Tesla on the comeback trail, helping first-time buyers get on the property ladder

By AJ Bell

We’ve got some good news from the UK stock market. Danni Hewson chats about how the FTSE 100 has hit a new record high and the drivers behind it. She also talks with Dan Coatsworth about the latest developments from key companies both sides of the Atlantic.

The pair discuss Tesla’s surprise announcement, Pepsi’s trading-down problem, JD Sports aiming to generate 40% of sales from the US, and an activist investor snapping up bonds in troubled utility company Thames Water.

You can hear about an alarming number of adults still living with their parents in their 30s and what the property industry wants the government to do to help first-time buyers get on the property ladder.

Dan discusses the disappearance of generous cash incentives to switch bank account and the surge in people switching credit card deals.

Finally, Tom Sieber and Ian Conway from Shares magazine get under the bonnet of Associated British Foods and how there is a lot more to the business than its retail arm, Primark.

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