Bailed banks lead marginal FTSE gains

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The FTSE 100 climbs 10.68 points (0.27%) this morning to 3979.08, led by the Government's bailed-out banks.

Lloyds Banking Group is the FTSE's biggest winner so far, adding 4.64% to 88p, while Royal Bank of Scotland Group is up 4.33% to 28.9p. Another bank, Barclays, has risen 4.29% to 205.25. Meanwhile, distribution group Bunzl tumbles 8.92% to £4.90 and Liberty International, hit by the ailing property market, sees its share price fall 3.11% to £4.59. Credit-checking specialist Experian drops 4.45% to £4.46 despite announcing 5% revenue growth in the six months to 31 March. However, its sales declined in areas hit hard by the credit crunch, including mortgages. Mining firm Anglo America...

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