Index of leading UK companies ends week 7% up after Pfizer/BioNTech announcement
The FTSE 100 has recorded its strongest week since April amid rising hopes that a coronavirus vaccine can trigger a faster economic revival from the pandemic than first anticipated.
The index of leading UK company shares ended the week more than 300 points higher at 6,316, a rise of about 7%, despite a modest dip on Friday as City investors bet it would still take time to deploy the vaccine and for Britain’s economy to stage a full recovery.
