BOC takes FTSE higher

BOC is leading the gain after German rival Linde confirmed it is offering 15 pounds a share for the company - £7.6bn. BOC has risen 4.95% to 1,463p after a jump of more than 20% on Tuesday. Gains in the mining sector also lent support, helped by buoyant metals prices and signs China's booming economy is growing faster than expected. Shares in BHP Billiton have risen 1.85% to 1,018.50p, while Antofagasta has gained 2.40% to 1,961p and Rio Tinto has added 1.41% to 2,884p. Mortgage lenders are largely higher after Northern Rock kicked off the banking reporting season, saying profits have...