FTSE 100 climbs 0.3% driven by RBS

British FTSE 100 index climbed on Friday supported by bank stocks. Royal Bank of Scotland Group rallied 6.3% after UBS raised RBS rating from neutral to buy citing bank's proposed strategy is likely to provide capital and sustainable funding. Lloyds Banking advanced 2.3% and Standard Chartered gained 0.8%. Tullow Oil jumped 4.9% after company said it found a very good quality crude in Ghana. On the downside were Polymetal International and Randgold Resources, dropping 3.2% and 1.7% as metal prices declined. At the moment of writing FTSE is 0.25% or 14.54 points up at 5,955.54.