Shares hit a nine-month high yesterday on hopes that the roll-out of the coronavirus vaccine will help business bounce back. In a major boost for savers with pensions and other investments, the FTSE 100 rose nearly 1 per cent to 6550.23, a level last seen on March 5. That was before the UK was plunged into lockdown and businesses were forced to operate under heavy restrictions or close completely. If you think vaccines are coming then the FTSE 100 should be back at 7700, the level it was at in January. According to Goldman, a Brexit deal and a fast rollout of the vaccine means the UK is set for a sharp rebound.

Source: Daily Mail December 05, 2020 00:42 UTC