IMF slashes UK growth forecasts after Brexit

Pound breaks $1.31 after UK jobless rate falls to fresh 11-year low

European bourses edge higher on robust earnings results

FTSE 100 closes above 6,700 for the first time since August 2015

UK unemployment falls to 4.9pc in the three months to May

Bank of England surveys shows no clear evidence of sharp Brexit slowdown

FTSE 250 just 1.5pc off pre-Brexit levels

FTSE 100 closes above 6,700 for first time in 11 months

The FTSE 100 closed above 6,700 for the first time in over 11 months after a Bank of England survey showed “no clear evidence” of a sharp Brexit-induced economic slowdown.

London’s benchmark index made gains of 31.62 points, or 0.47pc, to finish at 6,728.99; its highest close since August 10 last year when it ended the trading session at 6,736.22.

Although the blue chip index has smashed through 6,700 on several occasions since the Brexit vote, it has struggled to maintain this level by close of trade. Just last week, the FTSE 100 touched a fresh 2016 intraday high of 6,743.42.

Pound breaks $1.31 on BoE survey

The pound bounced back after the Bank of England agents reported showed "no clear evidence" of slowing economic activity following Britain's vote to leave the EU.

In early trade, the pound languished at $1.3065 against the dollar, down 0.41pc, before swinging into positive territory on the back of a strong UK jobs report and the Bank of England survey.

It climbed to an intraday high of $1.3198, up 0.6pc.