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FTSE bolstered by Barclays

The FTSE 100 opened flat at 4,608 this morning but was soon lifted higher after Barclays announced £2.98bn in profits for the first six months of the year.

By 8.58am, the index was 0.7 per cent higher at 4,639 with Barclays up 4.0 per cent to 314.50p.

Royal Bank of Scotland was 1.4 per cent stronger at 45.48p but Lloyds Banking Group slipped 0.4 per cent to 84.64p.

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