FTSE 100 slips after UK CPI hits 3%

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FTSE 100 slips after UK CPI hits 3%

The FTSE 100 slipped on Wednesday as UK CPI inflation soared to 3%, and soft results from Glencore weighed on the index.  A weaker pound helped contain losses for London’s flagship index. Still, the inevitable losses in house builders after the stronger-than-expected inflation reading meant the FTSE 100 struggled to turn positive after starting the […] The post FTSE 100 slips after UK CPI hits 3% appeared first on UK Investor Magazine.