UK stocks start July on a high

British stockmarkets performed strongly last week with the FTSE 100 closing at 5161, the FTSE 250 at 7446.2, and the FTSE All-Share at 2583.9. The FTSE 100 closed at its highest level since May 2002 and the FTSE 250 closed at an all-time high. The dollar also hit a 13-month high against the euro, breaking through the $1.20 mark last week.