The FTSE 100 closed above 6,700 for the first time since mid-July today, finishing the Thursday session up 91.5 points, or 1.38%, to 6724.5.
Vedanta Resources led a strong day for the miners, closing 127 points up, or 5.8%, to 2317.
Vodafone leaped on speculation its boss Arun Sarin is on his way out, the mobile telecommunications giant finished on 179.5, a jump of 8.5 points, or 4.97%.
High oil prices gave BG Group a boost; it closed the day 40 points higher, or 4.74%, to 883.
Northern Rock corrected somewhat today after the amazing gain of yesterday, it finished the session 15.5 points lower, or 5.67%, to 258.
Taylor Wimpey and Persimmon also lost considerable ground, falling 4.28% to 290.75 points and 4.02% to 1003 respectively.
In New York, news the US trade deficit narrowed again in August has sent stocks soaring, with the Dow Jones currently 72.02 points higher, or 0.51%, to 14150.71.
General Motors is leading the gains as the strike at Chrysler was called off by the United Auto Workers union. The carmaker is up 1.9 points ahead, or 4.98%, to 40.03.
Wal Mart has opened higher after it upped its Q3 profit forecast to between 66 and 69 cents from 62 to 65 cents. The retailer is 1.45 points up this morning, or 3.18%, to 47.04.
Boeing has announced it is delaying the delivery of its 787 Dreamliner, sending its stock down 1.39 points, or 1.41%, to 97.29; while McDonalds is also struggling early, 0.7 points lower, or 1.23%, to 56.33.
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Penalty payments and enforcement policy
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Client procurement costs ‘unsustainable’
Only 9,486 applied for the benefit in 12 months