Market Reports: Scottish Banks Drive Footsie Rally

Summary


EDINBURGH banking shares led a stirring rally in the markets yesterday, as a buoyant FTSE kicked off December trading with a bang.

The blue-chip index wiped out nearly the whole of Tuesday's dramatic fall, while a strong start on Wall Street and an easing oil price helped to fuel positive sentiment.

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Market Reports: Scottish Banks Drive Footsie Rally

Edinburgh-headquartered banks HBOS and Royal Bank of Scotland were two of the FTSE's top three performers. The former made the bigger move - up 2.7 p...

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