Banking sector hopes aid FTSE recovery

Hopes of relief for the struggling banking sector put the London market on the front foot today.

Banking sector hopes aid FTSE recovery
Wed, 16 Apr, 2008 - 12:31

Hopes of relief for the struggling banking sector put the London market on the front foot today.

Reports that the Bank of England could swap the mortgage-backed bonds on lenders’ balance sheets for less risky British government bonds saw gains across the sector.

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