The FTSE 100 index has made a swift recovery from Monday’s turbulence as sentiment continues to fluctuate in response to developments in the pandemic.
The rally for Asia and European stocks came as it emerged that UK government borrowing stood at £17.4 billion, down £4.9 billion on last year but still the second highest November figure since monthly records began in 1993.
Public sector net debt was £2.3 trillion, representing around 96.1% of GDP and the highest ratio since March 1963 when it was 98.3%.
