BUSINESS CLOSE: Supermarket Christmas sales; Persimmon 2023 warning

BUSINESS CLOSE: US inflation falls; Tesco and M&S post solid Christmas sales; Persimmon warns on housing market weakness

Published: 07:47 GMT, 12 January 2023 | Updated: 17:10 GMT, 12 January 2023

The FTSE 100 closed up 0.89 per cent or 69.06 points to 7,794.04 this afternoon. Among the companies with reports and trading updates today are Tesco, Marks & Spencer, Persimmon, Centrica, Halfords, Whitbread, Asos and Hilton Food Group.

Meanwhile, US inflation has fallen again, down to 8.5 per cent in line with expectations. Read the Thursday 12 January Business Live blog below.

> If you are using our app or a third-party site click here to read Business Live

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