Britain’s blue-chip FTSE 100 index has hit a new 14-month high in early trading.
The Footsie has risen around 0.35% to 7066 points, its highest level since late February 2020 when the Covid-19 pandemic sent markets crashing.
Next is the top riser, up 2.3%, after lifting its profit forecast this morning.
Engineering firms Melrose (+2.3%) and Rolls-Royce (+2%) are also in the risers, along with British Airways owner IAG (+1.7%) – suggesting optimism about the reopening of economies this summer.
Barratt have jumped 1.4% after lifting its house completion forecast today.