Reuters: Hot Stocks: Britain's FTSE rises again on hopes of US budget deal

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Britain's FTSE rises again on hopes of US budget deal Jan 21st 2013, 08:12 LONDON | Mon Jan 21, 2013 3:12am EST LONDON Jan 21 (Reuters) - Britain's top share index notched up further gains early on Monday, in tandem with a late rise on Wall Street in the previous session, helped by talk of a short-term deal which could break the budget impasse in the United States. London's FTSE 100 was up 20.36 points, or 0.3 percent at 6,174.77 by 0805 GMT, remaining at four-and-a-half year highs. Trade, however, was expected to be quiet with heavy snow causing havoc for city workers in London and the United States closed for Martin Luther King junior day. In the United States, Republicans said the House would consider a bill to raise the U.S. debt ceiling enough to allow the country to pay its bills for another three months, which would buy time for the Democratic-controlled Senate to pass a budget plan that shrinks the federal deficit. (Written by David Brett; Editing by Francesco Canepa)

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