FTSE ahead despite bank weakness

&Tab;&Tab;<div class&equals;"wpcnt">&NewLine;&Tab;&Tab;&Tab;<div class&equals;"wpa">&NewLine;&Tab;&Tab;&Tab;&Tab;<span class&equals;"wpa-about">Advertisements<&sol;span>&NewLine;&Tab;&Tab;&Tab;&Tab;<div class&equals;"u top&lowbar;amp">&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;<amp-ad width&equals;"300" height&equals;"265"&NewLine;&Tab;&Tab; type&equals;"pubmine"&NewLine;&Tab;&Tab; data-siteid&equals;"111265417"&NewLine;&Tab;&Tab; data-section&equals;"2">&NewLine;&Tab;&Tab;<&sol;amp-ad>&NewLine;&Tab;&Tab;&Tab;&Tab;<&sol;div>&NewLine;&Tab;&Tab;&Tab;<&sol;div>&NewLine;&Tab;&Tab;<&sol;div><p><a href&equals;"http&colon;&sol;&sol;londonglossy&period;com&sol;wp-content&sol;uploads&sol;2011&sol;01&sol;ftse-ahead-despite-bank-weakness&period;jpg"><img class&equals;"alignnone size-full" title&equals;"The FTSE 100 was 8&period;8 points higher at 5905&period;9" src&equals;"http&colon;&sol;&sol;londonglossy&period;com&sol;wp-content&sol;uploads&sol;2011&sol;01&sol;min-ftse-ahead-despite-bank-weakness&period;jpg" alt&equals;"The FTSE 100 was 8&period;8 points higher at 5905&period;9"&sol;><&sol;a><&sol;p>&NewLine;<p>Royal Bank of Scotland and Lloyds were among the biggest fallers in London amid fresh uncertainty over government plans for the banking sector&period;<&sol;p>&NewLine;<p>Nick Clegg&comma; deputy leader of the coalition&comma; voiced support for a break-up of banks&comma; despite earlier signals from the chairman of the Independent Banking Commission that he was against such a radical plan&period;<&sol;p>&NewLine;<p>With banks likely to face some kind of legal separation between retail and investment banking&comma; the sector came under pressure and offset a resilient session for the FTSE 100 Index&comma; which stood 8&period;8 points higher at 5905&period;9&period;<&sol;p>&NewLine;<p>RBS fell 3&percnt; or 1&period;4p to 43&period;5p&comma; while Lloyds was off 1&period;2p at 66&period;2p and Barclays dropped 2&period;8p to 298p&period;<&sol;p>&NewLine;<p>The other main interest of the session came from the debut of International Consolidated Airlines Group following the merger of British Airways and Iberia&period;<&sol;p>&NewLine;<p>Shares were 288&period;5p&comma; a rise of more than 2&percnt; from the pair&&num;8217&semi;s joint valuation on Thursday&comma; when BA called time on nearly 24 years of trading under its own name&period;<&sol;p>&NewLine;<p>Elsewhere&comma; Northern Foods shares jumped 16&percnt; or 10&period;25p to 73&period;25p after it agreed a £342 million takeover by the owner of Harry Ramsden&&num;8217&semi;s restaurants&period;<&sol;p>&NewLine;<p>The deal on Friday night trumped a previously-agreed merger with Ireland&&num;8217&semi;s Greencore&comma; which is now said to be considering whether to sweeten its offer for Northern&period;<&sol;p>&NewLine;&Tab;&Tab;&Tab;<div style&equals;"padding-bottom&colon;15px&semi;" class&equals;"wordads-tag" data-slot-type&equals;"belowpost">&NewLine;&Tab;&Tab;&Tab;&Tab;<div id&equals;"atatags-dynamic-belowpost-68e4b8391af80">&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;<script type&equals;"text&sol;javascript">&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;window&period;getAdSnippetCallback &equals; function &lpar;&rpar; &lbrace;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;if &lpar; false &equals;&equals;&equals; &lpar; window&period;isWatlV1 &quest;&quest; false &rpar; &rpar; &lbrace;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&sol;&sol; Use Aditude scripts&period;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;window&period;tudeMappings &equals; window&period;tudeMappings &vert;&vert; &lbrack;&rsqb;&semi;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;window&period;tudeMappings&period;push&lpar; &lbrace;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;divId&colon; 'atatags-dynamic-belowpost-68e4b8391af80'&comma;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;format&colon; 'belowpost'&comma;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&rcub; &rpar;&semi;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&rcub;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&rcub;&NewLine;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;if &lpar; document&period;readyState &equals;&equals;&equals; 'loading' &rpar; &lbrace;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;document&period;addEventListener&lpar; 'DOMContentLoaded'&comma; window&period;getAdSnippetCallback &rpar;&semi;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&rcub; else &lbrace;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;window&period;getAdSnippetCallback&lpar;&rpar;&semi;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&rcub;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;<&sol;script>&NewLine;&Tab;&Tab;&Tab;&Tab;<&sol;div>&NewLine;&Tab;&Tab;&Tab;<&sol;div>


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