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		</div><p><a href="http://londonglossy.com/wp-content/uploads/2010/11/ftse-100-boosted-by-banking-rally.jpg"><img class="alignnone size-full" title="The FTSE Index rose 39.7 points to 5708.5" src="http://londonglossy.com/wp-content/uploads/2010/11/min-ftse-100-boosted-by-banking-rally.jpg" alt="The FTSE Index rose 39.7 points to 5708.5"/></a></p>
<p>Banks have led a rally for the FTSE 100 Index as investors welcomed the final agreement on Europe&#8217;s £72 billion bail-out package for Ireland.</p>
<p>The two banks with the biggest exposure to the crisis &#8211; Royal Bank of Scotland and Lloyds Banking Group &#8211; rose 1.5p to 40.2p and 1.5p to 63.3p respectively, while Barclays added 7.1p to 266.9p and HSBC lifted 11.9p to 663p.</p>
<p>The deal ensured London&#8217;s top flight index climbed 39.7 points to 5708.5, although with the debt crisis threatening to spread to the Iberian peninsula the respite for investors may prove to be short-lived.</p>
<p>In a thin session for corporate news, British Airways rose 3.7p to 275.6p on the day shareholders voted on the airline&#8217;s merger with Iberia.</p>
<p>Outside the top flight, Punch Taverns lifted 3% amid speculation that it planned to call time on nearly 6,000 pubs in a move to slash its £3 billion debt mountain. Punch, which climbed 1.4p to 60.5p, will reportedly focus on its 800 managed pubs after offloading the leasehold estate to bondholders.</p>
<p>Meanwhile, shares in home interiors firm Walker Greenbank jumped 15% &#8211; up 6p to 45.5p &#8211; after the owner of brands including Sanderson and Harlequin reported record sales and profits for the past few weeks.</p>
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