Merger prospects encourage FTSE rise

The prospect of consolidation in the banking sector and good news from fashion retailer Next helped the London market close up a comfortable 61.2 points today.

Merger prospects encourage FTSE rise
Thu, 22 Mar, 2007 - 17:28

The prospect of consolidation in the banking sector and good news from fashion retailer Next helped the London market close up a comfortable 61.2 points today.

London's FTSE 100 Index followed the lead of gains made on the US markets as the Federal Reserve decided to leave US rates on hold.

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