Banking shares continue FTSE rally

Banking shares continued their rally today after a City firm said fears of further nationalisations in the sector looked to be overdone.

Banking shares continue FTSE rally
Wed, 28 Jan, 2009 - 11:32

Banking shares continued their rally today after a City firm said fears of further nationalisations in the sector looked to be overdone.

Lloyds Banking Group shares jumped 37% or 25.1p to 92.2p as Citi also upgraded its rating on the new HBOS owner from hold to buy.

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CourtsBusinessHeathrowPlace: EdinburghPerson: Johnson MattheyOrganisation: FTSEOrganisation: CityOrganisation: Lloyds Banking GroupOrganisation: CitiOrganisation: HBOSOrganisation: FootsieOrganisation: BarclaysOrganisation: Royal Bank of ScotlandOrganisation: Standard LifeOrganisation: AvivaOrganisation: PrudentialOrganisation: BSkyBOrganisation: GKNOrganisation: Britvic
<p>Under the model, the HCCI said that home care referrals are issued simultaneously to all approved providers, who must respond immediately to secure the allocation.</p>

Home care firms want HSE to end home support allocation model

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