UK benchmark index FTSE 100 traded higher
on Friday after European officials managed to persuade 26 of 27 EU members to
implement tighter fiscal regulations. FTSE 100 added 1% to 5,437.57 in London
afternoon trade. On the upside were British banks, as Barclays PLC gained 4.5%,
Royal Bank of Scotland Group PLC jumped 4.3%, whereas Lloyds Banking Group PLC
surged 4.72%.