FTSE ends month on positive note

London’s top flight index ended the month on a positive note today after shrugging off worse-than-expected US growth figures and big losses at taxpayer-backed Royal Bank of Scotland.

The FTSE 100 closed up 34.9 points at 6360.8, despite a 7% fall in shares at part-nationalised Royal Bank of Scotland, after it revealed its fifth year of losses since being bailed out by the taxpayer.