Early rise for FTSE despite 8% slump in China market

Blue-chip sharesin the UK began the week on the front foot today as investors shrugged off an 8% plunge in the Chinese stock market overnight.

The FTSE 100 Index was up 32.3 points to 6582.6 as traders judged that the reason behind the slump - a regulatory ruling affecting China's financial system - was likely to have a limited impact elsewhere.