Oil jumps as FTSE 100 struggles - live updates

Oil jumps as FTSE 100 struggles - live updates

- FTSE 100 down around a point - Burberry continues to fall - UK inflation rate hits 3.2% 3.52pm: Just Eat falls after Deliveroo's deal with Amazon Leading shares have been drifting for much of the day despite continuing concerns about the Delta variant, supply chain worries and higher than expected UK inflation. The FTSE 100 has traded in a range of less than 30 points, and is currently down just 0.91 points at 7033.15, almost at the middle of that range. On Wall Street the Dow Jones Industrial Average is up 0.22%, the S&P 500 is 0.24% higher and the Nasdaq Composite is virtually flat. US industrial production data missed expectations, but on the other hand that strengthens the Federal Reserve's hand on holding off on tapering its support …
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