FTSE closes on four-year high

Soaring oil and mining stocks powered the FTSE 100 Index to a four-year high today despite a lacklustre showing by retailers.

FTSE closes on four-year high

Soaring oil and mining stocks powered the FTSE 100 Index to a four-year high today despite a lacklustre showing by retailers.

A fresh rise in the cost of crude and an upbeat broker note triggered gains of between 2% and 3% for both Royal Dutch Shell and BP, helping the Footsie to kick ahead 36.1 points to 5383.5.

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