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2 Min Read (Reuters) -London’s FTSE 100 fell on Wednesday, dragged down by heavyweight commodity stocks, while a bigger-than-expected jump in inflation stoked fears the central bank may tighten its monetary policy earlier than expected. FILE PHOTO: Signage is seen outside the entrance of the London Stock Exchange in London, Britain. Aug 23, 2018. REUTERS/Peter Nicholls The blue-chip index fell 1.2%, with miners declining 3.9% after metal prices slipped. Oil majors BP and Royal Dutch Shell slid more than 1% each. [O/R] [MET/L] The domestically focussed mid-cap FTSE 250 index fell 0.4%. Official figures showed British consumer price inflation more than doubled in April to 1.5%. The Bank of England hopes the surge in inflation will be temporary as the economy recovers from last year’s COVID-19 slump.

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