FTSE hits 29-month high

The London market held on to its new-found confidence today as the FTSE 100 Index broke through the 4800 barrier to set a new 29-month high.

FTSE hits 29-month high

The London market held on to its new-found confidence today as the FTSE 100 Index broke through the 4800 barrier to set a new 29-month high.

Falling oil prices and a strong finish to trading in New York on Friday helped the blue-chip index, which stood 6.8 points higher at 4800.7 at mid-morning.

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