Learn more

By Lars Mucklejohn London’s FTSE 100 rose on Wednesday afterfresh inflation data came in unexpectedly steady, offering a glimmer of hope on near-term interest rate cuts after labour market figures spooked some investors yesterday. The blue-chip index jumped 0.94 per cent to 7,582.63, while the FTSE 250, which is more aligned with the health of the UK economy rose 0.81 per cent to 19,077.83. After traders trimmed their bets on near-term interest rate cuts yesterday following data showing a tighter-than-expected labour market and disappointing US inflation figures, this morning’s UK inflation re…