British blue chips are on the rise, but recession could torpedo prospects
TheGuardian
AUGUST 27, 2022
The FTSE 100 reveals winners and losers this week – with banks, oil giants and BAE starring. But the good news can’t last Britain’s stock market has its critics, who have derided it over the years as a fuddy-duddy collection of “19th-century companies”, and even called it a Jurassic Park index for its lack of cutting-edge members. But every dinosaur has its day and, rather like the Jurassic Park franchise, the FTSE 100 blue chip share index has enjoyed something of a resurgence in 2022.
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