Stocks mixed and pound dips amid Budget tax hints

The FTSE 100 Index closed up at 9,714.96 but had earlier traded as low as 9,574.15 (Jeff Moore/PA) - (PA Archive)

The FTSE 100 outperformed European and US peers on Tuesday, but sterling fell further, as Chancellor Rachel Reeves laid the groundwork for further tax rises in this month’s Budget.

The FTSE 100 Index closed up 13.59 points, 0.1%, at 9,714.96. It had earlier traded as low as 9,574.15.