Global markets showed signs of steadying today after Friday's violent reaction to the discovery of the Covid omicron variant.
The FTSE 100 index, which slumped 3.6% before the weekend, rallied as investors “bought on the dip” despite continued uncertainty about the impact of the variant.
Brent crude futures skidded 11% on Friday but are trading 5% higher at $76.30 this morning.
The corporate focus is on BT after reports that India's Reliance is mulling a bid sent its shares 7% higher.
