FTSE 100 Live: Losing streak to end as stocks climb, £4.3bn deficit, Microsoft tables new Activision deal

A rally for global markets has fuelled hopes that London’s leading share index can break a seven day losing streak. Gains by Wall Street tech stocks and a rebound for the Hang Seng index have improved the mood after a poor August so far. Mining giant BHP and FTSE 250-listed engineering consultancy Wood Group have filed results, while there’s the latest on the plans by Arm Holdings for the biggest IPO of 2023.