Rolling coverage of the latest economic and financial news
- Latest: More pain for households as Brent hits $90
- FTSE 100 closes 1.3% higher
- Wall Street has rallied, after two volatile days
- UK inflation report to look more closely at personal cost of living
- Bank of Canada leaves rates on hold
- Microsoft beats expectations with $18.8bn profit
- Let the wild rumpus start: is the US facing a stock market ‘super-bubble’?
Travel stocks are flying higher today.
British Airways parent company IAG is now up 5.6%, while holiday operator TUI (+5.5%) is leading the risers on the FTSE 250 index of mid-sized companies.
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