The FTSE 100 index of leading UK company shares finished the week at 5,529.21, up 45.44 points or +0.83% on the day and down 23.08 points (-0.42%) over the week.
Markets responded positively to news coming from the European Union summit, with expectations of fiscal disciplines being applied to eurozone economies.
Banking stocks performed well on Friday, despite a number of French banks experiencing a ratings downgrade.
Over a year the FTSE 100 has fallen from 5,808.00, a fall of 278.79 points or -4.80%.
£1 is currently worth $1.56520 US or €1.17010 Euros.
Brent Crude Oil Futures is currently priced at $108.14/barrel. Gold is $1,709.00/ounce and Silver is $32.00/ounce.
The UK Bank Rate is 0.5% and CPI inflation was 5.0% for the year to October 2011.