FTSE up 40 points

The London market gained ground today as banks shrugged off an alleged $50bn (€37.14bn) Wall Street fraud.

Mon, 15 Dec, 2008 - 11:19

The London market gained ground today as banks shrugged off an alleged $50bn (€37.14bn) Wall Street fraud.

The FTSE 100 Index rose 40.7 points to 4321.1 by mid-morning as Asian markets rose on hopes of a rescue for US car makers from the Bush administration despite a Senate snub.

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