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Evening Standard
Evening Standard
Business
Jeremy Cutler

FTSE 100 closes higher despite hot US inflation

Inflation United States Euro Huw Pill London ASML Bank of England Barratt Redrow Big Yellow Endeavour Mining
The FTSE 100 Index ended up 74.53 points at 10,724.86 (Jeff Moore/PA) - (PA Archive)

The FTSE 100 ended higher on Wednesday, despite strong US inflation data, as the Bank of England’s chief economist played down fears of multiple interest rate rises in the UK.

In London, the FTSE 100 Index ended up 74.53 points, 0.7%, at 10,724.86.

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