40th anniversary of the FTSE 100

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.