		<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/2011/01/ftse-rises-on-back-of-obama-pledge.jpg"><img class="alignnone size-full" title="The FTSE 100 Index rose 45.3 points to 5963.1 on opening" src="http://londonglossy.com/wp-content/uploads/2011/01/min-ftse-rises-on-back-of-obama-pledge.jpg" alt="The FTSE 100 Index rose 45.3 points to 5963.1 on opening"/></a></p>
<p>A pledge by US president Barack Obama to create jobs and spur growth in the world&#8217;s biggest economy helped give a lift to shares in London today.</p>
<p>In his annual State of the Union speech, Mr Obama called for the lowering of the corporate tax rate as part of efforts to revive the US economy.</p>
<p>His comments helped switch attention away from Tuesday&#8217;s dismal fourth quarter output figures as the FTSE 100 Index rose 45.3 points to 5963.1.</p>
<p>Market heavyweight Vodafone led the recovery with a rise of 5p to 184.5p, while insurer Prudential weighed in with a gain of 17p to 1446p.</p>
<p>Oil firm BG topped the risers board after an exploration venture in which it has a 30% stake discovered &#8220;high quality&#8221; oil in deep waters at an offshore field in Brazil. Shares jumped 42p to 1368.5p, a rise of 3%.</p>
<p>Outside the top flight, shares in WH Smith were 1% higher despite the retailer announcing a further deterioration in like-for-like sales.</p>
<p>Chief executive Kate Swann said the retailer remained on track to meet forecasts due to its focus on costs and more profitable ranges. Shares were 6.8p higher at 487.6p.</p>
			<div style="padding-bottom:15px;" class="wordads-tag" data-slot-type="belowpost">
				<div id="atatags-dynamic-belowpost-69e33d1a6128b">
					<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-69e33d1a6128b',
									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.
