FTSE climbs 50 points

A much-needed rally for London shares was sustained today after the US Federal Reserve helped to address some of the panic in world markets.

FTSE climbs 50 points

A much-needed rally for London shares was sustained today after the US Federal Reserve helped to address some of the panic in world markets.

Confidence was boosted by comments from the Fed that it was likely to keep interest rates at near zero until the middle of 2013 to help the ailing economy.

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