; Yesterday in the City

Summary


The prospect of concerted action to tackle Europe's debt and bank crisis triggered a rally on the London market yesterday.

The FTSE 100 Index closed nearly two per cent or 95.6 points higher at 5399 after France and Germany said a response to the debt crisis would be finalised by the end of the month.

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Extract


; Yesterday in the City

Investors were reassured by sketchy details of a plan to ensure European banks have adequat...

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