FTSE CLOSE: Markets rally on hopes of US rate cut

FTSE CLOSE: Markets rally on hopes of US rate cut; FCA hits banks with clampdown on overdraft fees; Depressed pound edges up as Theresa May steps down The FTSE 100 closed up 1%, or 72 points, at 7,331.94  The FCA has banned banks from charging more for unarranged overdrafts  The pound has edged up a little … Read more