Gains for BA and Abbey fail to keep FTSE up

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Trading on the UK stock markets is relatively unchanged this morning, as BA's need to increase its fuel surcharge has not been taken too well.

The FTSE 100 index is currently down 4.5 points or 0.1% to 4333 along with the FTSE All-Share index and the FTSE 250 index, both down to 2151 and 5979.9 respectively. Reporting its latest business figures this morning, BA said it has met its first quarter net income target of £70m but will have to more than double its fuel surcharge on long haul flights because of the climbing oil price. BA gained 2p or 0.9% to 211p. Unsurprisingly, Abbey National’s share price is up again this morning after speculation this weekend Lloyds TSB is about to step into the bidding arena. Abbey’s share val...

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