The stock market is being driven by two factors: the rise in the value of the pound and the rise of technology stocks.
The pound has been rising in recent weeks, and is now up nearly 12 per cent against the dollar in the past year.
The UK is a major beneficiary of the strong pound.
The value of its exports has risen by almost 10 per cent in the last year, compared with just 5 per cent a year ago.
The latest figures show that the average British household is now making more money than they did a year earlier.
The average wage for a full-time employee rose by 5 per of the past four years, to £27,000 a year, according to the Office for National Statistics.
The rise in exports has boosted demand for electronics, which are now worth more than the value, according a report by consultancy firm Gartner.
The firm, which works for companies that develop new products, said the growth in exports had led to a sharp fall in import costs for electronics.
This means that companies can make more money selling their products in the UK than if they were sold abroad.
Gartner expects the price of electronics will fall by another 10 per – cent in 2018.
However, the rise has been driven by the rise and popularity of digital gadgets, which have become increasingly popular among consumers.
The number of digital gadget sales in the United Kingdom is expected to more than double by 2020, to 664 million, according the latest figures.
The value of digital devices has also risen faster than the overall value of all consumer goods, according Gartners.
The company also said that the UK’s digital economy will have more than doubled by 2020 to £24.2 billion, driven by consumer electronics.
Gizmodo UK and The Guardian both reported on Monday that the digital economy is growing by £1.5bn per month, with the majority of that growth coming from smartphones, tablets and computers.
This growth has also been driven in part by the digital revolution, which has led to the creation of the internet of things, or IoT, which enables connected devices to connect and communicate with each other.
The Guardian said this has led many firms to expand their IT departments.
The newspaper said the increase in technology stocks, which is mainly driven by Apple, Microsoft, Google and Amazon, had increased the UK economy by $9.2bn in 2019.
This has resulted in an overall growth of 6.6 per cent compared with the same period last year.
The UK is also expected to overtake Germany in 2019 as the world’s third-biggest economy.