UK stock market today: FTSE 100 steadies after inflation surprise as Burberry jumps
The FTSE 100 fell 0.1% to 10,115.11 as UK inflation rose to 3.4% in December, clouding rate cut prospects. Burberry shares jumped 4.4% after holiday sales beat forecasts, while Experian dropped 4.9% despite higher revenue. The 10-year gilt yield slipped to 4.45%. Sterling traded near $1.3433.