European commission lifts GDP forecasts but warns of Brexit damage – as it happened
- Brussels: Brexit to cost EU 0.5% of GDP and UK 2.25% by end 2022
- AstraZeneca expects to make 200m vaccine doses a month by April; hopes to have new jab for Covid variants by autumn
- Bitcoin hits new record high; BNY Mellon to offer bitcoin services
- Opec cuts oil demand forecast again
- Closing summary
Wall Street has opened near record highs, amid hopes of more fiscal stimulus. The major European stock markets are also pushing higher, while the FTSE 100 index in London is flat.
Bitcoin, the world’s best-known cryptocurrency, jumped more than 8% to a new all-time high of $48,481 after Bank of New York Mellon said that it will begin financing bitcoin and other digital currencies.
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Related: Covid fuels huge rise in Britons at financial risk, warns regulator
Wall Street has opened higher, near record highs, amid hopes of more fiscal stimulus, while the FTSE 100 index in London is flat, and European markets are pushing higher.



