Greece proposals lift FTSE

Last-ditch proposals by Greece on major reforms to appease its creditors helped lift London’s top-flight today as hopes were raised that the debt-laden country could win a last minute rescue deal preventing its exit from the euro.

The FTSE 100 Index climbed 71 points to 6652.6 with investors also reassured that attempts by Beijing to arrest a sharp decline in the Chinese stock market appeared to be working.