FTSE 100 Live: Shock 10.1% inflation, but ‘detail suggests even less rosy picture’; shares close down 0.1%

Inflation’s run above 10% rolled into a seventh month today after food prices left the annual rate at a bigger-than-expected 10.1%.

The shock figure from the Office for National Statistics increases the chances that the Bank of England policymakers will hike interest rates by another 0.25% next month.

Elsewhere, delivery business Just Eat and estate agent Winkworth are among those posting results.