By Jonathan Davies

Shares on the FTSE 100 continued to rise in early-trading on Monday, after jumping 2% on Friday after the Conservatives won a majority in the general election.

The FTSE 100 was up by more than 20 points on Monday morning, with Royal Mail leading the index. Its shares were up 3.3% after Whistl, a mail delivery service in London, Manchester and Liverpool, announced that it had suspended all services.

Supermarkets saw strong gains with Tesco and Morrisons both up 1.8%.

Mining shares were boosted by China's decision to cut interest rates. Glencore was up 1.2% and Anglo American was 1% higher.

The Bank of England will today announce its latest decision on interest rates, although there is not expected to be a change.