Stock prices in London closed higher on Tuesday, as the new Chancellor John Healey reiterated his commitment to fiscal discipline, and defence stocks climbed. The FTSE 100 index closed up 61.15 points, 0.6%, at 10,585.91. The FTSE 250 ended up 211.69 points, 0.9%, at 23,752.40, and the AIM all-share closed up 8.24 points, 1.1%, at 766.13. In European equities on Tuesday, the CAC 40 in Paris closed up 0.3%, while the DAX 40 in Frankfurt ended 0.7% higher. Mr Healey promised fiscal control would be his "first duty", as he said it would be the "bedrock of economic stability".