FTSE lifted by government backing to BAE contract

Professional Adviser
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Trading is looking a little more rosy in London this morning, as BAE, Sage and WPP have all seen dec...

Trading is looking a little more rosy in London this morning, as BAE, Sage and WPP have all seen decent gains. It so far looks as though the FTSE 100 will pretty much end the week where it started having already gained 27.6 points or 0.7% to 4069.3 within the first hour of trading. One of the key movers today has been BAE Systems, which has been given government backing - in the form of Peter Hain MP- to win a defence contract for trainer-combat aircraft. BAE Systems has climbed 4p or 2.9% to 142p after Hain said he would back attempts to win the £1bn contract. Accounti...

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