BUSINESS LIVE: Retail sales fall again; Kwarteng approves Ultra sale - This is Money

The FTSE 100 closed up 2.7 per cent to 7,208.81, while the FTSE 250 ended 2.3 per cent higher at 19,123.71.

The Bank of England chief economist, Huw Pill, has defended the central bank's bond-buying programme, saying 'external shocks' were mostly to blame for a spike in inflation. He told an audience at t… [+944 chars]

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