FTSE recovers after UK GDP hit

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London's leading share index rose this morning, recovering from yesterday's fall following news the UK economy contracted by 0.5% in the fourth quarter of last year.

The FTSE 100 was up 0.55% at 5,950.17 in early trading, after closing down 26 points or 0.4% lower last night at 5,918. Falling commodity prices also dragged the index down on Tuesday, with mining stocks the worst performers on the back of declining gold and industrial metals. The FTSE's best performers this morning are BG Group, rising 3.05%, Vodafone Group, up 2.40%, Inmarsat, climbing 2.04%, Prudential up 1.95% and United Utilities Group, which rose 1.53%. However, Compass Group dropped 1.93%, Scottish and Southern Energy was down 1.32%, Sainsbury fell 0.22%, Standard Life decli...

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