UBS predicts 2014 FTSE share rise

The index of leading UK shares could rise another 10 per cent in 2014, analysts at investment bank UBS predicted yesterday. In a research note the analysts said the top 100 shares could hit 7,400 by the end of next year. The bullish forecast is based on improvements in the struggling Eurozone economy spilling over to Britain, as well as continued support from central banks’ super-low interest rates across the rich world.