Footsie bounces back to highest level in more than a year

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The blue chip benchmark finished up 56.90 points at 6942.22, a level last seen in February last year before the first national lockdown. At the same time the FTSE 250 hit new all-time highs.
The FTSE 100 index hit its highest point for more than a year as investors look forward to shops and beer gardens re-opening next week.

The blue-chip benchmark finished 0.8 per cent up, or 56.90 points, at 6942.22, a level last seen in February last year before the first national lockdown.

The FTSE 250 hit all-time highs, gaining 0.4 per cent, or 86.97 points, to close at 22,247.54.

Recovery: The FTSE 100 finished up 56.90 points at 6942.22, a level last seen in February last year before the first national lockdown

The successful rollout of Covid vaccines and plans to re-open large swathes of the economy on Monday hve boosted recovery hopes.

So successful has the vaccine been that earlier this week the International Monetary Fund upgraded economic forecasts for this year and next, with the UK set to out-pace even the United States over the next two…
Mark Shapland, By Mark Shapland For The Daily Mail
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