Defensive, industrial stocks boost FTSE 100 as economy runs hot By Reuters
By Amal S (Reuters) - London's FTSE 100 ended higher on Wednesday, helped by gains in industrial and defensive stocks, while data showed inflation jumped past the central bank's target as Britain emerges from a third national lockdown. After touching its highest level since February 2020 at 7,217.5, the blue-chip index end 0.2% higher at 7,184.95. Industrials, travel and pharmaceuticals provided the biggest boost to the index. The domestically focused mid-cap FTSE 250 index fell 0.1%. British inflation unexpectedly jumped above the Bank of England's 2% target in May when it hit 2.1%, driven in large...
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