FTSE 100 ends up as Healey pledges fiscal control

The new Chancellor said he wanted to build ‘new hope’ for Britain, as he addressed staff at the Treasury for the first time (Stefan Rousseau/PA) - (PA Wire)

Stock prices in London closed higher on Tuesday, as the new Chancellor John Healey reiterated his commitment to fiscal discipline, and defence stocks climbed.

The FTSE 100 index closed up 61.15 points, 0.6%, at 10,585.91. The FTSE 250 ended up 211.69 points, 0.9%, at 23,752.40, and the AIM all-share closed up 8.24 points, 1.1%, at 766.13.