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The FTSE 100 hit an all-time best on Monday, passing 9,800 for the first time, as hopes grow for an end to the US government shutdown.

The FTSE 100 Index closed up 104.58 points, 1.1%, at 9,787.15, a record closing peak.

It had earlier set a new intra-day best level of 9,800.35.

The FTSE 250 ended 194.88 points higher, 0.9%, at 21,968.27, and the AIM All-Share climbed 8.07 points, 1.1%, at 757.54.

The risk-on mood came as the US Senate cleared the way for a formal debate on a motion to resume funding to federal agencies.

The Republican-led chamber approved a proced

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