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Story summary
- UK financial markets opened quietly as traders awaited the budget.
- The pound held at $1.31.
- Gilt yields fluctuated within a narrow range.
- The FTSE 100 index rose for the third consecutive session on a global stock recovery led by the US market, despite profit warnings from M&C Saatchi and S4 Capital.
- Anglo American shares rose after BHP abandoned its takeover bid.
