Morning markets: FTSE rebounds from one-week slide

The FTSE climbed 0.72% in early trading to 5255.18 bolstered by strong performances from big names.

TV and Internet service provider British Sky Broadcasting (BSkyB) was up 2.80% to 569.50% after a strong second quarter with revenues coming in ahead of expectations. Turnover in the six months to the end of December 2009 was £2.87bn, up 10% from £2.60bn the year before. Financials were also doing well, with Barclays up 2.98% to 274.80 Schroders NV climbing 2.81% to 1023p, Royal Bank of Scotland up 2.76% to 33.90p and Lloyds Banking Group making gains of 2.58% to 52.15p. Miners were also in demand, with Rio Tinto, Anglo American, Eurasian Natural Resources, Fresnillo and Antofagasta a...