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		</div><p><a href="http://londonglossy.com/wp-content/uploads/2010/12/ftse-gains-amid-tesco-sales-boost.jpg"><img class="alignnone size-full" title="The FTSE 100 Index was up 4.4 points to 5774.7" src="http://londonglossy.com/wp-content/uploads/2010/12/min-ftse-gains-amid-tesco-sales-boost.jpg" alt="The FTSE 100 Index was up 4.4 points to 5774.7"/></a></p>
<p>Supermarket Tesco has edged higher on the London market as third quarter sales figures were well received.</p>
<p>The retail giant admitted the recent snow disruption had since impacted sales, but said lost ground would likely be recovered as consumers stock back up over the next few weeks.</p>
<p>The group&#8217;s shares rose 2%, although trading was slow on the wider FTSE 100 Index &#8211; up 4.4 points to 5774.7.</p>
<p>Tesco said like-for-like sales were up 1.5% in the three months to November 27, up on the 1.2% increase during the first half despite easing food price inflation, which helped shares rise 6.6p 426.6p.</p>
<p>Bank shares remained under pressure as concerns over Europe&#8217;s debt crisis continued to dog the sector, which is seen as being exposed to many of the troubled countries.</p>
<p>Barclays fell 4.1p to 258.9p, Royal Bank of Scotland lost 0.3p to 40.8p and HSBC shed 2.8p to 663.9p.</p>
<p>But Plumb Center parent Wolseley was on the rise, up 20p to 1850p, after it said its first quarter trading performance was slightly ahead of expectations, with like-for-like sales up 4%.</p>
<p>Elsewhere, housebuilder Bellway rose 15.5p to 573.5p as it said this year&#8217;s interim profits would be up 20% as buyer interest has returned since the government spending review.</p>
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