The FTSE 100 has now hit its highest level since the markets began to crash in late February 2020. The blue-chip index has touched 7403.
65 points, just over the previous pandemic high set in November 2021, in today’s thin pre-Christmas trading. It’s a broad rally, with 75 of the hundred companies on the index up today. Travel and hospitality companies are still doing well, with InterContinental Hotels now the top riser.