London’s FTSE 100 climbed during opening exchanges today, lifted by a rally among travel stocks that helped to reverse yesterday’s poor performance.

The capital’s premier index gained 0.44 per cent to hit 7,047.52 points, cancelling out losses registered on a choppy day on London markets yesterday.

The likes of aerospace engineer Rolls Royce and British Airways parent company IAG received a bump from reports that pre-departure Covid tests may be scrapped to make travel simpler.

The likes of aerospace engineer Rolls Royce and British Airways parent company IAG received a bump from reports that pre-departure Covid tests may be scrapped to make travel simpler.

Removing mandatory tests would make travel less costly for consumers and potential stimulate demand for foreign holidays.

The pound lost ground on the greenback, weakening 0.17 per cent to $1.3814

Strong performances among travel stocks was extended to the mid-cap FTSE 250, with easyJet leading the way, up 5.12 per cent to help the index leap 0.54 per cent to 23,558.54 points.

More to follow.