Northern Rock hopes drive FTSE up

Beleaguered Northern Rock led the London market higher today amid fresh hopes of a bid for the company.

Northern Rock hopes drive FTSE up

Beleaguered Northern Rock led the London market higher today amid fresh hopes of a bid for the company.

Northern gained more than 8% today as investors acted on the company’s hints of a possible offer, sending the shares 12.9p higher at 176p.

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