Footsie bounces back amid euro bailout deal
The blue-chip index - which shed 2.6% on Friday after its worst week for 18 months - bounced back almost 3% today following gains in Asian markets.
Investors were cheered by the deal, which is backed by the eurozone nations and the International Monetary Fund and includes loan guarantees and direct funding.
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Hide AdPolitical uncertainty following the UK's hung Parliament has also eased with talks between the Conservatives and Liberal Democrats progressing.
Financial stocks hit hardest by the turmoil of last week made strong gains. with Barclays and Lloyds Banking Group up 8% and Royal Bank of Scotland rising 6%.