Global shares rise after better-than-expected US jobs data revives confidence in the worldwide economic recovery.
On Wall Street the Dow Jones opened up 124.09 points, or 1.2%, to reach 10490.2.
Across Europe investors were buoyed by reports US unemployment fell in November from a 26-year high the previous month, beating expectations it would remain the same, with all of the major exchanges rising on the news.
In London the FTSE jumped nearly 80 points after lunch from almost 5280 points before settling just before 4pm at 5358.09, up 45.09 points or 0.85%.
In Paris the CAC 40 rose 69.04 points, or 1.82% to 3868.15 after early falls linked to overnight losses on Wall Street ahead of the release of the US jobs data.
The German Dax also reacted well to the news up 66.69 points, or 1.16%, to 5837.04.
The drop to 10% from 10.2% marks the smallest number of job cuts in the world's biggest economy since the recession began in December 2007.
In November, US employers axed 11,000 jobs, way below estimates for the period.
Since December 2007, when the economy slipped into recession, 7.2 million jobs have been lost in the States.
Set up Vanguard in 1975
‘In the know’
Owen to pay £3m
Lasting power of attorney
Three risk profiles