FTSE 100 Edges Higher As BoE Rate Cut Looks Unlikely

FTSE 100 Edges Higher As BoE Rate Cut Looks Unlikely

UK inflation came in hotter than expected, keeping the Bank of England in wait-and-see mode even as Burberry climbed and Experian slid.

FTSE 100 steady as Burberry gains on turnaround confirmation

The FTSE 100 was battling to keep its head above water on Wednesday as strength in the mining sector, and Burberry, was offset by losses for Experian and financials. London’s leading index was down 0.1% at the time of writing after gently undulating between losses and gains for most of the session. “The FTSE 100 […] The post FTSE 100 steady as Burberry gains on turnaround confirmation appeared first on UK Investor Magazine.