B&B's 14% jump drives markets ahead

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News the Clive Cowdery-led Resolution Ltd is looking to control lender Bradford and Bingley has fuelled a positive start for London markets this morning. B&B itself is 14.39% ahead this morning, to 75.50.

The FTSE100 is higher as investors gain confidence in the battered financials sector, up 16.20 points (0.29%) to 5683.40. Thomas Cook is leading the way for the blue-chips, after announcing it has reduced first half losses by 15% in April. The travel group is 3.74% higher to 243. Rival TUI is also up on the news, 2.92% ahead to 211.75. Miners are doing well, with Antofagasta 3.33% higher to 666.50. The London Stock Exchange Group is having a difficult start however, down 3.74% to 836.50; while property firm Liberty International is 3.29% lower to 852. In New York, Wall Street closed...

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