Four in a row for FTSE

The FTSE 100 Index racked up its fourth straight session of gains today despite dismay at the latest development in the O2 takeover.

Four in a row for FTSE

The FTSE 100 Index racked up its fourth straight session of gains today despite dismay at the latest development in the O2 takeover.

The mobile giant lost almost 6% of its market value after German firm Deutsche Telekom said it was not planning a counter bid to rival the £17.7bn (€26bn) takeover of O2 by Telefonica.

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