BUSINESS LIVE: FTSE climbs after Omicron fears rock markets; Housing market’s busiest year since 2007; AJ Bell launches trading app
Gold has rallied higher as Asian stocks moved lower once again in response to investor concerns about the emergence of the Omicron variant of Covid-19.
The World Health Organisation warned on Monday that Omicron ‘has an unprecedented number of spike mutations, some of which are concerning for their potential impact on the trajectory of the pandemic’.
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.
Dodle will include an annual charge of 0.15 per cent with access to range of UK stocks and funds, with overseas shares soon to follow.
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There are concerns about Omicron’s impact on vaccine effectiveness