Banks made strong gains on FTSE

Speculation of a further round of state aid for the ailing banking sector saw blue-chip banks make strong advances on the London market today.

Banks made strong gains on FTSE
Mon, 12 Jan, 2009 - 17:10

Speculation of a further round of state aid for the ailing banking sector saw blue-chip banks make strong advances on the London market today.

News of a lunch for industry top brass at the Prime Minister’s weekend Chequers retreat on Sunday helped banks dominate the risers board, with shares up by as much as 7%.

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