Gains for FTSE

A possible Treasury-backed solution to the credit squeeze lifted bank stocks today as the FTSE 100 Index held firm above the 6000 mark.

Gains for FTSE
Thu, 17 Apr, 2008 - 12:37

A possible Treasury-backed solution to the credit squeeze lifted bank stocks today as the FTSE 100 Index held firm above the 6000 mark.

The sector accounted for four of the top six Footsie risers amid hopes Chancellor Alistair Darling could unveil proposals for the sector to swap their riskier assets for Government bonds as early as next week.

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