BA sends FTSE flying higher

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The FTSE 100 index has ended the day up 34.4 points, or 0.59%, to 5,866.2, following takeover speculation and a good opening to Wall Street.

Fund manager Man Group added 2.41% to 436p, following media reports it is being looked at as a potential target by US investment bank Goldman Sachs, while Amvescap also gained 2.89% to 551.5p. Standard Chartered bank also performed well with gains of 2.8% to £13.57, although British Airways was the biggest winner with a rise of 4.04% to 437.75p on a combination of vague takeover chat and the falling price of US crude oil for November delivery. However, Bramble Industries was the biggest drag on the index with a fall of 5.29% to 448p, closely followed by miner Kazakhmys which slipped 3...

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