London stocks surge as recovery optimism buoyed by robust data

(Reuters) - UK shares closed at three-month highs on Wednesday as better-than-expected data from the world's two largest economies pointed to an ongoing economic recovery from the coronavirus. The blue-chip FTSE 100 and the mid-cap FTSE 250 both added about 2.6% as readings showed business activity in the United States and China beginning to recover from the worst readings of the COVID-19 pandemic.The data fed optimism over the UK economy grinding back into gear, as the government scales back..