FTSE 100 Today: Why London Stocks Are Stuck Near 10,500 as Inflation Bites

London equities wobbled on Wednesday, with the FTSE 100 hovering just below 10,500 as stubborn inflation data out of the UK and heavy selling in Reckitt wiped out early momentum. By 09:38 BST, the blue-chip index stood at 10,493.40, edging down 0.04% after a volatile start to the session.