FTSE up 1.5 percent (AFP)

US dollar and pound notes are pictured in London on October 24, 2008. The pound slipped significantly against the dollar and the euro in Monday's trade.(AFP/File/Shaun Curry)AFP - The FTSE 100 Index gained 1.5 percent to 4443.28 on Monday while Lloyds TSB and HBOS both reported write-downs related to the market turmoil and the demise of US and Icelandic banks.

AFP

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