Financials and British Airways pushed the FTSE slightly higher this morning.
The UK market rose by 0.6%, or 30.4 points to 5,142.19 in early trading, as positive company news pushed selected stocks up. Broker Icap rose by 4.3%, to 317.8p. Richard Marwood, manager of Axa Investment Managers' Ethical Distribution fund, says Icap is one of the "good beta plays" if inflation appears and boosts shares. Lloyds Banking Group rose 4.0% to 50.14p after saying yesterday it would close its Irish retail business of 44 branches. British Airways, whose business class-only subsidiary OpenSkies said it will add flights to Washington in May after its New York route performe...
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