Property shares take FTSE higher

British Land rose 3.27% to £15.18, Liberty gained 2.08% to £12.25 and Land Securities advanced 2.78% to £20.67. Resolution gained 3.37% to £6.44 after it named Mike Biggs as its new chief executive, replacing Paul Thompson. Cairn Energy rallied 1.46% to £15.99 on confirmation it is being dropped as a constituent of the FTSE 100 after its poor recent showing following the listing of its Indian assets. It is being replaced by fund manager Schroders, which is back inside the index and rose 2.40% to £11.32. Meanwhile, banks and insurer Aviva posted losses after they started trading with...