Media, engineering, logistics lead FTSE higher

Continued recovery by Branbles shares and demand for Granada and BAE shares helped push the FTSE up 3 points to 4,124 this morning. Brambles tumbled last week after reporting big losses but it has turned up this week so far following yesterday's pledge to return to strong growth next year, and it is up 8.25p to 146.25p today. Granada has gained on merger partner Carlton Communication's report that losses have narrowed significantly following the decision to stop spending on ITV Digital earlier this year. Speculation about the awarding of the UK government's huge multi-b...