Market Watch: FTSE soars on €750bn EU rescue deal

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Update 11.52am: The FTSE 100 has soared more than 250 points, or almost 5%, in morning trading as the markets took confidence from this weekend's €750bn rescue deal to defend the euro.

London's leading index has advanced 250.3 points, or 4.9%, to 5,373.44. Despite a lack of resolution on talks to form a UK government over the weekend, the markets reacted positively to the news...

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