London Markets: FTSE 100 aims for 9th straight record as pound slump continues

U.K. stocks headed higher for an 11th consecutive session on Tuesday, on track for a record closing high as the pound remained under pressure.

The FTSE 100 index UKX, +0.28% gained 0.2% to 7,251.17, building on 0.4% advance from Monday. If the London benchmark ends higher again Tuesday, it’ll mark a ninth straight all-time closing high.

The upbeat trading mood came as sterling GBPUSD, -0.0658% continued to slide following comments from Prime Minister Theresa May over the weekend. She indicated the government was willing to give up access to the EU single market in return for full control of the U.K.

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