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Evening Standard
Evening Standard
Business
Michael Hunter,Daniel O'Boyle and Graeme Evans

FTSE 100 Live: Yet another record close, US inflation ticks down, mid-cap takeover news

A new FTSE 100 record, strong results by Experian and the IPO plans of Raspberry Pi provided cheer to London investors today.

Burberry, Imperial Brands, Britvic, Compass and TUI are among the other companies in the results spotlight.

Attention is also on the US economy as inflation ticked down to 3.4%, offering slight relief after back-to-back increases.

Meanwhile, there were major developments in two FTSE 250 takeover sagas, as John Wood Group rejected another proposal while the board of International Distribution Services said it was ‘minded to’ accept a £3.5 billion bid.

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