UK midcaps hit 11-week high on hopes of post-lockdown recovery

(Reuters) - British midcaps hit an 11-week high on Wednesday as hopes of an economic recovery with the easing of coronavirus lockdowns offset concerns about growing political unrest in Hong Kong over Beijing's proposed national security laws.The domestically focussed FTSE 250 gained 1.3%, rising for an eighth straight session as thousands of retailers prepared to reopen from June 1 from a months-long shutdown that has crushed the UK economy.The blue-chip FTSE 100 added 1.1%, but investors..