#AceFinanceNews – MARKETS:BRITAIN: FTSE Investors are wooed by BT as earnings from government sponsored company show better results as taxpayers money is used to provide more contracts – @AceFinanceNews

#AceFinanceNews – May.05: Flurry of strong earnings boosts FTSE

Britain’s top share index rose on Thursday as investors favoured telecom firm BT , insurer RSA and grocer WM Morrison after strong results.

BT rose 3.2 percent, the top individual gainer, after results that beat expectations, with the stock on course to post its best session in two months.

The telecom firm said it would spend 6 billion pounds on rolling out superfast fibre and 4G mobile in the next three years following criticism from regulators who have demanded an improved service.

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