FTSE increases on Hilton bid news

Hilton Group has risen 10.25p, or 2.87%, to 367.25p, while shares in Ladbrokes rival William Hill have gained 17p, or 3.23%, to 543p. Shares in BAE Systems are also on the rise, up 17.25p, or 4.66%, to 387.25p, in the wake of news of a deal between Britain and Saudi Arabia to supply the world's top oil exporter with fighter aircraft that could be worth as much as £10bn. On the downside, shares in Tate & Lyle have dropped 7p, or 1.24%, to 559p, after dealers said UBS cut its recommendation on the stock to "reduce". Elsewhere, among property stocks, Minerva has climbed 2p, or 0.73%, ...