FTSE up as global confidence rises

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London markets rose in early trading, following growing confidence in the US and global economies.

The FTSE 100 climbed 10.43 points (0.24%) to 4,291.29 in early trading, mirroring developments in the Far East and North America. BSkyB led the pack this morning after UBS upgraded its rating to 'buy'. Shares climbed 2.73% to 442.75p on the news. Aviva followed close behind after yesterday announcing it was looking for a new finance director, up 2.51% to 326.25p. Shares in BT fell back after making gains earlier this week on the back of Government plans to support telecoms infrastructure, down 1.43% to 103.7p. On Wall Street, growing optimism over the state of the economy help lift...

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