Published Date: 09 August 2008 FALLING oil prices drove a late rally in London yesterday leaving the FTSE 100 higher, with travel firms and airlines soaring. Despite a pipeline explosion in Turkey and fears of conflict between Russia and Georgia, crude dropped below $117 a barrel yesterday, more than $30 down from its peak, leaving Wall Street soaring in early trade. After spending much of the day in the red, the FTSE 100 index of London's leading shares closed up 11.7 points higher at 5,489.2. Initially, the index had been dragged down by Vodafone, after Goldman Sachs downgraded the mobile giant, warning it was concerned about sluggish growth in Europe. Vodafone was down more than 1 per cent in early trade but rallied to close up 0.95p at 140.3p. Northern Foods price was also influenced by Goldman Sachs, which upgraded the...
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