Commodity prices have continued to surge as the conflict in Ukraine intensifies. Brent crude this monring reached its highest level in almost a decade at $118 a barrel, while there have been further gains in the prices of aluminium and wheat.
Despite these inflationary pressures, stock markets held firm today after a rise of almost 100 points for the FTSE 100 index on Wednesday.
Today’s session includes annual results from ITV, Taylor Wimpey and Ladbrokes owner Entain, providing investors with an insight into the state of consumer confidence.