The FTSE 100 index closed the day up 36 points or almost 0.6% to 6,192.5 on Wednesday after reports suggested British Energy was the government's preferred bidder for British Nuclear.
Earlier in the day, stocks were trading on a sugar rush as Tate & Lyle saw the best of the gains, but British Energy closed the day up after acknowledging reports suggesting it could get the chance to buy British Nuclear Fuel Limited.
T&L closed the day with the best gains, rising 3.88% to 817.5p but British Energy made a major climb, adding 3.56% to 500p, closely followed by utilities giants National Grid and International Power, earning 3.5% each to 741p and 388.25p respectively.
In contrast, however, Rolls-Royce saw the worst losses of the day, closing down 2.4% to 432.25p while energy firm Cairn Energy lost 0.87% to £20.40 and pharmaceutical giant AstraZeneca dropped 0.85% to £29.00.
In the US today, the Dow Jones is attempting to make the best of more positive news on retail sales, and a handful of stocks in that market have seen some improvement.
The Dow Jones is holding just above flat at 12,318, likewise the S&P 500 index is just under 1,413 as Apple has risen $1.34 or 1.56% to $87.48 to offset losses elsewhere on the index, and the Nasdaq is down a fraction at 2,428.6.IFAonline
Developed by industry-wide group
Joined in 2002
'Educate clients' children'
Raised £15m earlier this week
From 8pm Friday 19 October