UK banks rise on financial services Brexit deal news

Sterling also rallying

Tom Eckett
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Good news for the FTSE 100 on the first day of November
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Good news for the FTSE 100 on the first day of November

UK bank stocks jumped in Thursday morning trading, following reports Prime Minister Theresa May had secured a financial services deal with the European Union.

News the EU will allow passporting for UK financial services firms has caused UK banks' share prices to rise, with Lloyds jumping 2.6% to 59p, while Barclays and RBS rose 2.5% to £1.77 and 4.2% to £2.46,...

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