Financial markets' focus at the end of the week would continue to be on the US central bank.
UK consumer confidence continued to recover in May despite record-high food prices, according to a long-running survey released on Friday.
Wall Street's major indices all closed in positive territory on Thursday, buoyed by a strong round of corporate earnings and an influx of economic data.
European stocks gained on Thursday, riding an upbeat Wall Street session on hopes that a deal to resolve the US debt ceiling dispute was close.
London's stock markets ended Thursday's trading session on a positive note, buoyed by optimism around a potential deal to raise the US debt ceiling.
Eastern Mediterranean gas producer Energean cut production guidance and said it expected to make a final investment decision on its Olympus fields off Israel by the end of this year.
FTSE 250: 19,260. 97, +0. 24% .
Chinese auto group Geely has committed to invest £234m Aston Martin Lagonda to become its third-largest shareholder, sending shares in the UK in luxury car maker racing ahead on Thursday.
London’s FTSE 100 was up 0. 3% at 7,746. 41 in afternoon trade on Thursday.
Stocks on Wall Street were mixed but regaining ground following the release of better-than-expected readings on the jobs market and factory activity.
Lawmakers in the US may vote on a deal to lift or suspend the government's debt ceiling as soon as the following week, a top Republican said.
Shares in renewable power developer Kibo Energy surged on Thursday, after it updated the market on its Mbeya Power Project (MPP).
A top US central bank official cast her ballot in favour of a further rate hike at the Federal Reserve's 14 June meeting.
Cornish Metals reported significant progress on the South Crofty Tin Project in Cornwall in an update on Thursday, as it worked on the mine water treatment plant and re-access work on the NCK shaft.
Citi downgraded its stance on Marks & Spencer on Thursday to ‘neutral’ from ‘buy’ and trimmed the price target to 170p from 175p.
CLS Holdings was at the top of the list of FTSE 350 director buys on Thursday, after a £1. 8m purchase was linked to its deputy chairman.
The number of people filing for jobless claims dropped by more than expected during the previous week.
Analysts at Jefferies hiked their target price for shares of Mitchells & Butlers in light of the "robust" momentum in the pub owner's sales and given the prospect that cost pressures would abate.
Mr Kipling and Oxo owner Premier Foods lifted its dividend on Thursday and posted a jump in full-year profits despite a "challenging" environment, as hard-up consumers stocked up on instant noodles.
Home health test developer MyHealthChecked announced on Thursday that it has signed an agreement with Boots UK - a division of Walgreens Boots Alliance - to introduce an expanded range of at-home self-testing products into Boots chemists.
Important Legal Notice about News Sources: Pilling and Co Stockbrokers Ltd. is not responsible for the content or accuracy of third party news and we may not share the views of the author or publisher. We provide third party news for your convenience and information only and make no representation or endorsement whatsoever and hereby exclude all liability for any loss or damage that may be incurred by you as a result of your access or use. Please note that third party content may be subject to terms and conditions imposed by the third party owner of that content.
The value of investments can fall and you may get back less than you invested.