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BUSINESS LIVE: Inflation hits 9.1%; JD Sports posts record profit

BUSINESS CLOSE: Inflation hits 9.1%; JD Sports posts record profit; Berkeley Group reports bumper results

The FTSE 100 closed down 62.83 points at 7089.22. The UK inflation rate hit 9.1 per cent in May, its highest level since March 1982 as fuel and food prices continued to surge. 

Among UK companies with reports and updates are JD Sports, Berkeley Group, Liontrust Asset Management and Vertu Motors. Read the the Wednesday 22 June Business Live blog below.

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