BUSINESS LIVE: Inflation falls to 2.5%; Serco wins $247m contract; Fuller’s enjoys strong Christmas

The consumer prices index dipped to 2.5 per cent in the year to December amidst falling hotel prices, according to the Office for National Statistics.

Among the companies with reports and trading updates today are Serco, Fuller’s, Currys, Hays, Vistry Group, and Frontier Developments.

Inflation rate drops from 2.6% to 2.5%

Embattled Rachel Reeves was offered a surprise respite today as inflation unexpectedly dipped.

The headline CPI rate slid to 2.5 per cent in December from 2.6 per cent the previous month, with core inflation also slowing.



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