FTSE 100 Live 9 February: London index ends week down again, S&P back above 5000, Barclays buys Tesco Bank

London’s long-awaited run of dealmaking action continued today when Tesco unveiled the sale of its banking operations to Barclays. This week has already seen a proposed tie-up between Barratt Developments and Redrow and DS Smith disclose takeover interest from packaging rival Mondi. In the latest sign of an upturn in confidence in the housebuilding industry, Bellway today reported an improvement in reservations so far this year.