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		</div><p>The London market rebounded this morning from sharp falls yesterday that left it at three-and-a-half year lows.</p>
<p>The FTSE 100 Index was up 88.7 points to 5624.7, buoyed by calmer overnight trading in Asia and a rise of almost one US dollar on Brent Crude to just under $31 a barrel.</p>
<p>European markets have faced a torrid week of trading, as a rout on banking stocks left heavyweight lenders languishing in the red for much of Monday, Tuesday and Thursday&#8217;s sessions.</p>
<p>But there were signs that investors were feeling more positive about the strength of the lenders in the face of a slowdown in global growth, with Barclays up 5% or 8p to 155.6p, while Standard Chartered leapt 7.5% or 29p to 416.4p.</p>
<p>Germany&#8217;s Dax was up more than 1%, while the Cac 40 in France grew just under 1% after sharp losses yesterday.</p>
<p>In stocks, engine-maker Rolls-Royce saw shares surge more than 11% or 63p to 595p, as its fall in profit was better than analysts had expected.</p>
<p>Its annual profits tumbled 12% to £1.4bn as the business was hit by civil aerospace cuts and falling commodity prices that have impacted output at its marine division, which supplies the oil industry.<br />
It also confirmed it would cut its dividend by half to 7.1p a share, as it bids to conserve cash.</p>
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