Fresh data shows headline CPI rose 3.4 per cent year-on-year in the US in December, higher than forecasts of 3.2 per cent increase.
The FTSE 100 is down 0.1 per cent in afternoon trading. Among the companies with reports and trading updates today are Marks & Spencer, Tesco, Taylor Wimpey, Watkin Jones, Whitbread, Informa and WPP. Read the Thursday 11 January Business Live blog below.
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No March cut in US on the cards, analyst says
US inflation: Investors were ‘overexcited’ about looming Fed rate cuts
US inflation higher than expected in December
Taylor Wimpey average selling price jumps to £370,000
Donald Trump’s Turnberry Scottish golf course swings into profit – but another remains in the red
M&S and Tesco follow Sainsbury’s with festive cheer
Will UK investors be able to buy Bitcoin spot ETFs after US approval?
Tesco boosts profit outlook to £2.75bn amid record Christmas sales
Marks & Spencer womenswear drives forecast-beating Christmas trade
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