For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails The FTSE 100 has closed on a high despite a series of doomsday energy price cap predictions casting a shadow over the week. Double-digit share price jumps for entertainment group Flutter and packaging company Mondi helped push the FTSE 100 into the green on Friday. London-listed pharma giant GSK and health consumer brand Haleon also saw shares stabilise after billions were wiped off the share price on Thursday, as the groups hit back at market speculation over the cancer risks of heartburn drug Zantac. Energy price cap models have edged progressively higher throughout the week, with UK energy bills expected to hit £5,300 in April, according to the latest forecast, but the warnings have had little bearing on European markets. Recommended Scotland cannot hold indyref2, Supreme Court rules Minister defends Sunak's private GP because NHS given 'a lot of money' Ukraine: Putin 'fearing for life' after Kherson retreat The London index closed 34.98 points higher, or 0.47%, at 7,500.89. "Despite the slow drip feed of negative headlines of rising gas prices, and the… Read full this story
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