RBS dominates markets after Santander deal collapses
The London market closed higher today following positive US retail sales and amid hopes two of the eurozone's struggling members would receive bailouts later this week.
The London market closed higher today following positive US retail sales and amid hopes two of the eurozone's struggling members would receive bailouts later this week.
The FTSE 100 Index closed 12.3 points higher at 5805.6 after the US Commerce Department said US retail sales had grown for the third month in a row in September.
Meanwhile, investors were looking ahead to a week in which Greece is expected to agree on 13.5 billion euros (£10.8 billion) worth of spending cuts to allow the next bailout payment to be signed off, while Spain may also request a bailout.
We moderate all comments on HeraldScotland on either a pre-moderated or post-moderated basis. If you're a relatively new user then your comments will be reviewed before publication and if we know you well then your comments will be subject to moderation only if other users or the moderators believe you've broken the rules, which are available here.
Moderation is undertaken full-time 9am-6pm on weekdays, and on a part-time basis outwith those hours. Please be patient if your posts are not approved instantly.
