The FTSE 100 crept up slightly immediately following this afternoon's Pre-Budget Report, despite confirmation the UK's debt will hit 78% within the next five years and the announcement of measures to tax banker bonuses.
London's blue-chip index was up 14.41 points (0.28%) to 5,327.54 points by 13:30pm, led by the banks. Standard Chartered, Royal Bank of Scotland Group and Lloyds Group were up 4.31%, 3.22% and 2.38% respectively. Meanwhile, the pound is slightly up against the dollar at $1.629, a 0.07% increase from open this morning.
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