World news – US – FTSE 100 LIVE: The index rose by 82 billion pounds on the best day since March after hope for a Covid vaccine

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The index jumped more than 55 percent on the back of the news, which indicated that a Covid-19 vaccine could be introduced within weeks. It is understood that a Pfizer candidate for treating the infectious virus has proven 90% effective in trials. Later this month

£ 82 billion added to the value of FTSE shares after the announcement

Airlines saw a rapid increase in their share value after the news, with the announcement of a potential lifeline for the industry hit hard by the pandemic.

Pfizer said its experimental vaccine was more than 90% effective in preventing COVID-19 based on preliminary data from a large study, a major victory in fighting the pandemic that has killed more than a million people, disrupted the global economy and Daily life inverted

UK index jumped from 5979 to 11 from 45 am to 6165 at 1210 pm – big jump

The Financial Ombudsman has received more than 10,000 complaints related to Covid-19, who listens to people who are unhappy with the lender’s response after experiencing financial hardship

The Financial Ombudsman Service (FOS) encourages lenders to ensure an effective and fair response to their clients

FOS steps for problem solving when consumers have already complained to a financial firm but are unhappy with the outcome

The FTSE 100 gained more than 15% as the index rebounded after most US news outlets picked Joe Biden as the winner of the presidential election last Tuesday.

The index rose by 89 points with the start of trading in London, recording 5999 points and adding about 23 billion pounds to the index value.

On Friday, the FTSE closed its best week since early June, adding more than 330 points to the index as traders prepare for a Biden victory

Al Karamah Funerals Company has warned that the high number of deaths due to Covid-19 this year may slow down its business in the next two years

The proposal came when the company revealed that core revenue rose 4% in the nine months to September 25 to reach £ 234 5 million, although core operating profits fell 8% to £ 44 million because epidemiological constraints meant no use Additional extras including limousines

Alkarama said in a statement to the London Stock Exchange: “After the terrible impact of Covid-19 in the second quarter of this year, the number of deaths in the third quarter was generally stable compared to the previous year.

“The last quarter of 2019 witnessed 152,000 deaths and deaths in October that were broadly constant compared to the previous year.

“The group will not predict the most likely outcome for the remainder of the year, but it is possible that the tragic events of 2020 could mean that 2021 and 2022 could see fewer deaths compared to 2019”

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FTSE 100 Index, Joe Biden, Stock Market, Pfizer, US Presidential Election, 2020, FTSE Group, Stocks, London Stock Exchange