FTSE climbs despite NRock tumble

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In London, markets climbed as construction firms became more optimistic and the FTSE 100 was up 11.3 points, or 0.18%, to 6,302.5.

Standard Chartered made the biggest gains, up 64 points, or 3.85%, to £17.28, followed by Taylor Wimpey, which jumped 7.5 points, or 3.75%, to 207.5p. Barratt Developments shares added 16 points, or 3.17%, to 520.5p, Sainsbury climbed 12.5 points, or 3.02%, to 426p and Intercontinental Hotels gained 26 points, or 2.75%, to 971.5 points. Northern Rock shares plunged further after it refused two bid offers at the weekend, as well as seeing the departure of chief executive Adam Applegarth, and was down 23.9 points, or 18.02%, to 108.7p. Kingfisher shares fell 3.6 points, or 2.07%, to 170p a...

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