FTSE 100 rises and gilts recover as traders increase bets on interest rate cuts

Gilts posted a recovery on Wednesday, while the FTSE 100 opened higher, after the latest inflation figures came in lower than expected. New figures from the Office for National Statistics (ONS) put the headline rate at 2.5 per cent in December, down from 2.6 per cent the month before. Services inflation, seen as a better [...]