Takeover talks drives FTSE upwards

Takeover rumours were driving blue-chip shares higher today and providing some new year optimism for the first trading session of 2008.

Takeover talks drives FTSE upwards
Wed, 02 Jan, 2008 - 11:21

Takeover rumours were driving blue-chip shares higher today and providing some new year optimism for the first trading session of 2008.

Mortgage bank Alliance & Leicester saw shares soar 12% after reports that Abbey-owner Santander had held discussions over a possible deal.

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