Developments in the future of Northern Rock have seen the bank fly to the top of the FTSE charts, propelling the index up 24.1 points, or 0.38%, to 6286.2 at 10.07am.
The bank has climbed a whopping 30.6p, or 35.62%, to 116.5p, in early trading. It is followed by Antofagasta and Vedanta Resources, who have both made moderate gains on Monday. Mitchells & But is currently the day’s biggest loser, dropping 21 points, or 3.28%, to 620p, while Vodafone and Alliance & Leicester also drop. Scott Sinclair News Editor 020 7034 2636 [email protected] IFAonline
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