FTSE surges 1.4% higher on back of eurozone progress

London’s FTSE 100 Index surged 1.4% higher today as hopes of a resolution to the eurozone crisis offset another day of scandal for Britain’s banking sector.

FTSE surges 1.4% higher on back of eurozone progress
Fri, 29 Jun, 2012 - 19:12

London’s FTSE 100 Index surged 1.4% higher today as hopes of a resolution to the eurozone crisis offset another day of scandal for Britain’s banking sector.

Barclays shares came under further pressure after yesterday’s 15.5% tumble following revelations of its rate-rigging scandal.

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