FTSE 100 higher as Agius resigns

British FTSE 100 traded higher on Monday as Barclays rebounded from Friday's slump and data showed UK manufacturing PMI climbed to 48.6 instead of predicted 46.6. Barclays rallied 3.4% as its chairman Marcus Agius resigned after the lender was charged USD 455 million for manipulating interest rates. Other financials also appreciated with SBC Holdings adding 0.9% and Standard Chartered soaring 1.4%. The index jumped 1% last week after EU leaders found consensus on Spanish debt. At the moment of writing FTSE 100 trades 0.5% up at 5,601.