The FTSE 100 rebounded today, having dived on Friday when a new Covid variant sent investors running for cover. 

The UK bluechip index closed up 0.9 per cent at 7,109.9, while the more UK-focused FTSE 250 ended the day 1 per cent higher at 22,756.3.

In the US, Jack Dorsey announced he is stepping down as chief executive of Twitter. He will be replaced by Parag Agrawal, the company’s chief technology officer. 

In other news, Britain’s housing market has celebrated its busiest year since the heady pre-financial crisis days of 2007. Around one in 16 privately owned homes will have changed hands by the end of the year, according to property portal Zoopla.

Investment platform AJ Bell will enter the commission-free trading app market with the launch of its new offering, Dodl.

Meanwhile, Irn-Bru-maker AG Barr has boosted its profit forecast and subprime lender Amigo has seen shares crash after it announced a new rescue plan.

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Pandemic: There are concerns about Omicron's impact on vaccine effectiveness

Pandemic: There are concerns about Omicron’s impact on vaccine effectiveness 

This post first appeared on Dailymail.co.uk

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