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The Independent UK
The Independent UK
Business
Henry Saker-Clark

London stocks strike month-high after US-China tariff deal

IG London United States China
The FTSE 100 was higher at the close of trading on Monday (Danny Lawson/PA) - (PA Wire)

The FTSE 100 climbed to a fresh month-high as global financial markets rallied on the back of plans for the US and China to slash tariff rates for 90 days, following weeks of intensifying trade tensions.

UK multinationals were broadly buoyed by the announcement, with mining and commodity firms particularly positive as a result.

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