FTSE 100 charges back towards five-year peak

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The UK's blue chip index is trading back near a five-year high this morning after a near 1% gain, as a bumper set of results lift shares.

The FTSE 100 touched 6,407 points in early trading - higher than last month's peak closing level and just off the 6,412 intraday mark reached on 20 February - and was up 0.8% at 6,396 shortly after 11am. The index is being led higher by support services company Serco Group, whose shares have rocketed 11% after it upped its dividend by 20%. Oil services company Wood Group also helped lift markets after it too pleased investors with its full year numbers, shares up 5% after profits rose 43%. The group also increased its dividend by 26%. The UK market's next key level to break through...

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