FTSE up more than 50 points

London's FTSE 100 Index enjoyed a bright start to the week today after nerves were soothed by Abu Dhabi's £6bn (€6.7bn) bail-out of debt-laden neighbour Dubai.

Oil-rich Abu Dhabi's rescue cash to help Dubai pay debts owed by its struggling Dubai World conglomerate helped financial stocks gain ground after previous fears over their exposure to heavy losses in the region.