Barclays recovery boosts FTSE

Investors backed Barclays today as the bank led a revival of financial stocks in the London market.

Barclays recovery boosts FTSE
Mon, 03 Sep, 2007 - 12:33

Investors backed Barclays today as the bank led a revival of financial stocks in the London market.

The banking giant, which suffered last week after emergency borrowing from the Bank of England and fears over its exposure to US sub-prime mortgages, gained 3% to stand 18.5p higher at 632p.

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CourtsBusinessHeathrowPlace: LondonPlace: USOrganisation: BarclaysOrganisation: FTSEOrganisation: Bank of EnglandOrganisation: FootsieOrganisation: Standard LifeOrganisation: Royal Bank of ScotlandOrganisation: Southern WaterOrganisation: SchrodersOrganisation: InvescoOrganisation: British EnergyOrganisation: ChinaOrganisation: BPOrganisation: BG GroupOrganisation: BSkyBOrganisation: BTOrganisation: HMVOrganisation: Deutsche Bank
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