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Blue-chip FTSE 100 index rises 0.2% at midday but markets focus on US inflation data

The FTSE 100 outperformed at midday on Wednesday, enjoying a boost from utilities, though the wider market mood was downbeat amid nerves ahead of two key pieces of US inflation data.The FTSE 100 index was up 13.51 points, or 0.2%, at 7,641.72. Meanwhile, the FTSE 250 was down 74.52 points, or 0.4%, at 17,893.15, and the AIM All-Share was down 1.52 points, or 0.2%, at 696.57.The Cboe UK 100 was up

Bank of England admits to UK inflation forecasting error and Shell AGM proves to be a shocker

Stocks in London closed lower on Tuesday, as a stalemate in US debt ceiling talks hurt market sentiment for yet another day.The FTSE 100 index closed down 8.04 points, 0.1%, at 7,762.95. Gains for oil majors and international earners, amid a muted pound, shielded London's blue-chip index from a sharper decline.The FTSE 250 lost 65.03 points, 0.3%, at 19,208.31, and the AIM All-Share ended down jus
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