The FTSE Small Cap Index gained 16.7 points, or 0.7 percent, to 2598.9, its biggest one-day advance ...
The FTSE Small Cap Index gained 16.7 points, or 0.7 percent, to 2598.9, its biggest one-day advance in six weeks. Brown said the tax rate for small companies will drop 1 percentage point to 19 percent. Oil stocks fells in the UK after Gordon Brown said the government will introduce a 10 percent tax on North Sea oil profits. BT Group gained after Deutsche Bank AG analysts added Europe's No. 3 phone company to their U.K. ``Focus List.'' The FTSE 100 Index rose 4 points, or 0.1 percent, to 5263.9, paring a gain of as much as 0.6 percent. Without BP and Shell, it would have climbed abo...
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