(Luciana Guerra/PA)The FTSE 100 has returned to its highest point since the start of a Covid-19 crash that wiped hundreds of billions of pounds off the index last year. It means that the index is currently at its highest closing point since February 21 2020, the last day before the storm caused by Covid. The next trading day, February 24, saw what was at the time the biggest fall the index had seen in more than four years. By the end of that week the index had lost 13%, it still has not fully recovered, but this Tuesday reached its highest point since the 7,403 close before the pandemic gripped markets. The business reported a £9.5 million pre-tax loss for the half year, compared to a £2.3 million profit a year earlier.

Source: Irish Independent June 15, 2021 16:27 UTC