Banking gains, US plan lift FTSE

The FTSE 100 Index swung into the black today as gains for banks and insurers lifted the London market by more than 1%.

Banking gains, US plan lift FTSE

The FTSE 100 Index swung into the black today as gains for banks and insurers lifted the London market by more than 1%.

Financial stocks enjoyed early rises as investors saw a glimmer of hope in a US spending plan to fight recession.

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