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The FTSE 100 has had a great start to the year, rising nearly 5% to reach a record level. So it’s hardly surprising to see a few Footsie shares also pushing skywards into uncharted territory.
Here are two that have started 2025 the way they ended 2024 — going up!
On a roll again
First is Rolls-Royce (LSE: RR), which gained over 90% last year and closed at a record 611p earlier this month. It’s pulled back slightly to 592p, as I write, but that’s still higher than where it started the year (568p).
Beyond the recovery in international travel, the company continues to benefit from elevated defence spending. Last week, Rolls bagged its biggest ever deal, a £9bn contract with the Ministry of Defence to make nuclear submarine reactors for the Royal Navy.
There’s also growing excitement about its small modular reactors (SMR) business. Last year, it won a landmark…
