UPDATE 2-FTSE 100 hits 10-month high as weak pound spurs rate cut bets <!-- no image --> <div>* Telford Homes gains after buyout offer (Adds news items, analyst comments, updates share prices)<div class="feedflare"> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=7bCoItkMWkE:j8Xt-25tLg8:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?d=yIl2AUoC8zA" border="0"></a> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=7bCoItkMWkE:j8Xt-25tLg8:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?i=7bCoItkMWkE:j8Xt-25tLg8:V_sGLiPBpWU" border="0"></a> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=7bCoItkMWkE:j8Xt-25tLg8:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?i=7bCoItkMWkE:j8Xt-25tLg8:F7zBnMyn0Lo" border="0"></a> </div><img src="http://feeds.feedburner.com/~r/reuters/UKBankingFinancial/~4/7bCoItkMWkE" height="1" width="1" alt=""></div> Posted by Reuters