A resilient performance from the banking sector and better-than-expected retail sales figures helped the FTSE 100 Index hold firm yesterday.
London's leading shares index rose 1.5 points to 5834.5 as banking shares shrugged off fears of further Libor-rigging fines after US authorities summoned three of the UK's biggest lenders for questioning.
HSBC, RBS and Barclays were among seven banks to be handed legal notices demanding they assist in an inquiry by the attorneys general of New York and Connecticut, raising worries over future penalties and further damage to reputation.
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