The UK's FTSE 100 rose on Tuesday as markets cheered fresh stimulus measures in China that lifted shares of miners and luxury-focused retailers, while midcaps fell led by losses in utilities. The blue-chip FTSE 100 was up 0.

The biggest faller in the FTSE 100 was Smiths Group, which dropped 8% or 145p to 1675p amid City disappointment over the scale of its annual revenues growth. In the FTSE 250 index, Raspberry Pi shares rose 27p to 375.2p after maiden half-year results helped shares continue their strong run since June’s flotation.

Card Factory’s half-year adjusted profits have fallen 34.4% to £14.5 million, reflecting substantial increases in the National Living Wage plus freight inflation and strategic investment. FTSE 100-listed industrial conglomerate Smiths Group today unveiled two North American acquisitions alongside its annual results.

FTSE 100 rises thanks to gains for miners following a stimulus blitz in China designed to boost the economy and its property sector; The pound is holding close to the highest leve

FTSE 100 lifted after Chinese stimulus package boosts global markets - London’s premier index ticked up to end the day 0.28% higher, with most of its early gains cancelled out by the close.