FTSE climbs 1.5{4deaea03d78349d2462fb96996a246ea5d0077172a16867ed072c7a64f0a268c} Bitcoin hits $19K Countrywide chairman quits Pets at Residence sees demand from customers climb

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The FTSE 100 experienced a excellent day today as growing vaccine optimism and the starting of the formal changeover course of action for President-elect Biden boosted sentiment.

The Uk bluchip index shut up 1.5 per cent to 6,432, although the FTSE 250 ended the day 1.1 for every cent larger at 19,789.  

Bitcoin is promptly closing in on an all-time substantial, with the rate of the cryptocurrency surging considering the fact that September and nowadays hitting $19,000 a coin. 

In organization news, Countrywide’s chairman Peter Extended has quit following shareholders’ disapproval of the board’s rescue prepare for the indebted estate company. Previous William Hill main executive Philip Bowcock has develop into the firm’s acting CEO. 

Meat processor Cranswick has noted a better to start with-fifty percent profit many thanks to ‘robust’ demand from customers across all of its categories buoyed by a change to bigger in-household use pushed by the Covid-19 pandemic.  

Sturdy lockdown demand for pets has presented Pets at Home’s 2nd-quarter revenues a double-digit increase. Its CEO instructed BBC Radio 4’s Today programme that the need for companionship ‘made a massive variance all through the pandemic.’

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