Alliance & Leicester shares surge boosts FTSE

A shares rebound from embattled mortgage specialist Alliance & Leicester helped the London market bank a second day of gains today.

Alliance & Leicester shares surge boosts FTSE
Thu, 29 Nov, 2007 - 18:54

A shares rebound from embattled mortgage specialist Alliance & Leicester helped the London market bank a second day of gains today.

The group saw shares surge 8% after calming City nerves about its exposure to the fall-out from the credit crunch.

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