		<div class="wpcnt">
			<div class="wpa">
				<span class="wpa-about">Advertisements</span>
				<div class="u top_amp">
							<amp-ad width="300" height="265"
		 type="pubmine"
		 data-siteid="111265417"
		 data-section="2">
		</amp-ad>
				</div>
			</div>
		</div><p><a href="http://londonglossy.com/wp-content/uploads/2010/12/chinese-growth-figures-lift-ftse.jpg"><img class="alignnone size-full" title="The FTSE Index stood 54.6 points higher at 5582.9" src="http://londonglossy.com/wp-content/uploads/2010/12/min-chinese-growth-figures-lift-ftse.jpg" alt="The FTSE Index stood 54.6 points higher at 5582.9"/></a></p>
<p>Investors were offered some relief from eurozone debt fears after stronger than expected Chinese manufacturing figures lifted sentiment.</p>
<p>The latest report, which showed that the country&#8217;s factory output boom picked up pace in November, ensured a strong session for miners and meant London&#8217;s FTSE 100 Index recovered from recent losses to stand 54.6 points higher at 5582.9.</p>
<p>China&#8217;s strong growth figures proved good timing for Prudential bosses as they met investors in London to outline their plans for Asia, including a target to double the value of last year&#8217;s operating profits during 2013.</p>
<p>Prudential shares jumped on the forecast, up 4% or 23p to 591p, as chief executive Tidjane Thiam said the company aspired to be &#8220;one of the winners in the post-financial crisis world&#8221;.</p>
<p>Other risers included accountancy software firm Sage after it reported a 14% rise in annual profits and a return to sales growth over the second half of the year. Shares rose 9.1p to 266.4p.</p>
<p>In other results, Thomas Cook dropped 4% in the wake of a 6% drop in full-year profits as growth in central Europe and Germany only partly offset a weaker performance in the company&#8217;s UK business.</p>
<p>The tour operator plans to generate up to £50 million of savings by reducing the number of managerial and support staff in the UK, as well as renegotiating supplier costs and upgrading IT.</p>
			<div style="padding-bottom:15px;" class="wordads-tag" data-slot-type="belowpost">
				<div id="atatags-dynamic-belowpost-69e4e329746ff">
					<script type="text/javascript">
						window.getAdSnippetCallback = function () {
							if ( false === ( window.isWatlV1 ?? false ) ) {
								// Use Aditude scripts.
								window.tudeMappings = window.tudeMappings || [];
								window.tudeMappings.push( {
									divId: 'atatags-dynamic-belowpost-69e4e329746ff',
									format: 'belowpost',
								} );
							}
						}

						if ( document.readyState === 'loading' ) {
							document.addEventListener( 'DOMContentLoaded', window.getAdSnippetCallback );
						} else {
							window.getAdSnippetCallback();
						}
					</script>
				</div>
			</div>
Discover more from London Glossy Post
Subscribe to get the latest posts sent to your email.
