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

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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