FTSE powers higher as BP seals oil well

BP was one of the biggest risers in early morning trading, up 1.55% to 409.3p. Oil explorer BG Group also advanced, gaining 1.34% to £10.97. Other winners included Schroders NV, which climbed 1.83% to £11.66. Sage led index fallers, down 0.08% to 255p, followed by Tomkins, which dipped 0.03% to 324.4p. Meanwhile, data from property website Rightmove showed a further fall in house prices in September, with unsold stocks still at record levels. On Wall Street, the Dow Jones was unchanged after giving up most of its gains as worries about the economic recovery resurfaced. The in...