Britain's top share index pushed back up to nine month highs on Wednesday, tracking overnight gains on Wall Street and in Asia as growing expectations of a budget deal in the United States boosted stocks in the run up to Christmas.
At 0808 GMT, the FTSE 100 index was up 12.00 points, or 0.2 percent, at 5,947.90, having posted gains of 0.4 percent on Tuesday, surpassing last week's nine-month closing peak of 5,945.85 and within 20 points of its 2012 high.
The banking sector led the gainers with the sector in the spotlight after Swiss peer UBS agreed to a $1.5 billion bill and admitted to fraud on Wednesday in order to settle charges of manipulating global benchmark interest rates.
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