Markets rise ahead of UK budget despite China services slowdown – business live

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The London stock market has made a strong start to Budget Day, with shares jumping in early trading. The FTSE 100 index has gained 76 points, or 1.15%, to 6690 points in early trading, as it continues to recover from last week’s selloff. UK-focused firms are among the top risers, with hotel chain Whitbread up 4%, catering company Compass gaining 3.3% and publishing and exhibitions group Informa rising 3.2%. Retail chain JD Sports is 2% higher.

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Proves the markets aren’t reliant on China

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