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London's FTSE 100 Index on road to recovery
22 September 2008
The US Treasury's £383 billion plan to bail out struggling lenders could benefit British banks, including Barclays and the Royal Bank of Scotland.
The plans that were unveiled on Friday sent markets around the world souring, reversing some of the week's hefty losses. London's FTSE 100 index made its biggest gain of nearly 9%. The Royal Bank of Scotland and Barclays made a gain of more than 20%.
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