Bank shares dine out on FSA £50k guarantee

The surge has helped the blue-chip index climb more than 40 points, or 0.86%, to 4,912.17. British Airways suffered an afternoon dip, dropping more than 13p, or 7.47%, to 164.8p, while International Power fell 20p to just over 330p. Meanwhile in New York, a busy morning has helped the Dow Jones climb more than 1.3% to 10,621.75 ahead of a bail-out vote. AIG has climbed a cool 10% to 4.4 points, followed by the Bank of America, up 1.36 points to 37.73, and United Technologies, up 3.6% to 56.96. Citigroup stands well clear at the top of the loser’s table after a merger deal was announced ...