London shares sparked into life today on the back of positive updates from two market heavyweights and takeover speculation in the logistics sector.

WORLD oil prices rebounded yesterday towards two-year highs as the US said it had massed enough troops in the Gulf to attack Iraq, the world’s eighth largest oil exporter.

A senior al-Qaida commander arrested in Pakistan last month has reportedly told his US interrogators that the terrorist network has the capability to build a “dirty” nuclear bomb.