FTSE rally accelerates into close as investors continue to bet on recovery and Wall Street's strong opening

UK markets put the pedal to the metal in afternoon trading, rapidly building on morning optimism driven by investors continuing to bet on a sharp economic recovery. That's built on moves in the UK and elsewhere around the world increasingly easing lockdown restrictions, despite protesters still taking to the streets in the US and Hong Kong. The UK's benchmark FTSE 100 saw its early thrust accelerate markedly through the afternoon, as investor confidence was further bolstered by a strong start to Friday trading in New York, where major market opened between 2% and 4% higher. The index closed more than... Read More

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