The FTSE 100 Index closed almost 100 points higher today after energy stocks surged and investors eyed a New Year revival in takeover activity.

Shares in insurer Legal & General jumped by 20% today as financial stocks staged a much-needed rally.

Dry cleaning and workwear firm Johnson Service Group plunged in value today after it revealed a double blow to profit hopes.

Workwear-to-dry cleaning company Johnson Service Group slumped into the red today after enduring a poor performance at its linen rental business.

Takeover speculation fuelled shares in the London Stock Exchange (LSE) today as the market staged a late recovery to finish in positive territory.