Blue Chips Recover As Savings Guarantee Provides Positive Sentiment ; Market Report
Birmingham Post › October 04, 2008
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Summary
London's blue chip share index rallied more than two per cent ahead yesterday, with banks leading the charge after UK savers saw the deposit guarantee upped to pounds 50,000.
Hopes that the US House of Representatives would give America's EUR700 billion bank bailout the final thumbs up last night added to the positive sentiment for Britain's banking sector.See the full content of this document
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Blue Chips Recover As Savings Guarantee Provides Positive Sentiment ; Market Report
That motion was passed after the Footsie had closed.
The FTSE 100 Index soared 109.9 points to close at 4980.3, mirroring a similar early tra...See the full content of this document
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