Summer sun in London seems to have lifted the spirits of traders today, as the FTSE 100 pushed towards the 4500 barrier again and only a small handful of stocks saw their share values fall by close of business.
The FTSE 100 index closed up 37.2 points or 0.84% to 4,491, while the FTSE 250 index closed 31.6 points or 0.5% to 6128.4 and the FTSE All-Share index added 17.3 points or 0.7% to 2231. Cynical investors in London bought into Barclays Bank shares today, after Barclays said it would cut around 800 middle management jobs but take on 1,000 bank cashiers. This is bound to make cost-savings somewhere and boost banking’s profits even further, in the eyes of investors. And having seen is share value fall at the end of last week, GUS then closed up 12.5p or 1.5% to 149.5p today after Deutsche...
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