PARLIAMENTARY EARLY DAY MOTION
40th anniversary of the FTSE 100 (9 January 2024)

That this House notes the 40th anniversary of the FTSE 100, the UKs top stock market index; highlights its launch in January 1984, containing the biggest 100 companies on the London Stock Exchange; further notes its use in gauging the health of the wider UK economy and that it holds constituents with a value that is 11 times higher than the £165.6 billion market capitalisation which was first available in 1986; further highlights that the index contains 26 companies which featured during the initial 1984 launch, including Lloyds, Sainsburys and Tesco; and underlines the tremendous impact FTSE has on the UK economy in terms of stock exchange and that so many local businesses rely on it every day to succeed.

Sponsored by:
Jim Shannon (Democratic Unionist Party)