The FTSE 100 Index closed up 0.3% to 7628 points, outperforming its European peers after a hawkish rate hike from the European Central Bank, with gains in health care, energy and consumer staples helping to offset the weakness in basic resources and fi.
MARKET WRAPS Stocks: European equities were sharply lower on Wednesday, as worries deepened about the stalled debt ceiling talks and after U.K. inflation data raised the prospect of even tighter monetary policy in the months ahead. Many inv. | 05:52am
UK Inflation Data Means Higher Rates, Recession More Likely 1340 GMT - UK inflation data makes a recession more likely as the Bank of England is now pushed to raise interest rates further and. | June 11, 2023
The FTSE 100 closed down 1.75% to 7627 points amid a broader sell-off across global markets while domestic inflation data came in ahead of expectations, indicating further monetary tightening ahead, Interactive Investor head of investment Victoria Scho. | May. 24
UK Inflation Data Means Higher Rates, Recession More Likely morningstar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from morningstar.com Daily Mail and Mail on Sunday newspapers.