FTSE 100 off to a flyer on Monday

The city made a promising start for the week - by mid morning Monday, the FTSE 100 was up 64 points to 5233, it's best level for five weeks and wiping out its losses for 2002. Investors are still buoyed by last week's findings that the US economy expanded more than expected in the fourth quarter and UK manufacturing recorded growth in February for the first time in a year. The icing on the cake could come at midday if a report from Brussels shows an increase in European business confidence for a third month in February. FTSE 100 gains were paced by Pearson, Logica and B...