FTSE shatters one-day record

The blue-chip index closed up 8.84%, more than 430 points, to 5,311.3, although it remains down, by almost 2%, on last Friday's figure. Regardless, the recovery will come as a shock to the UK financial doomsayers. Banks have been replaced at the top of the FTSE winner’s table thanks in part to monstrous gains for BT Group, up more than 40% to 225p. Petrofac has advanced 214p to 779.5p, while Experian, Cobham and GlaxoSmithKline are all toasting a stellar day’s trading. However, gains have been stemmed by significant losses for British Energy Group, down 213.5p, or almost 30%, to 501p, Ce...