FTSE 100 live: London markets rise despite Chinese deflation as Italy waters down windfall tax

London’s markets opened higher on Wednesday morning as a toning down of Italy’s windfall tax on banks calmed investors despite more negative news from China. The FTSE 100 opened 0.70 per cent higher at 7,579.94 while the midcap FTSE 250, which is more aligned with the health of the domestic economy, opened 0.68 per cent [...]