London FTSE 100 Slips on Inflation
London shares edged lower on Wednesday as investors assessed an in-line inflation report. British inflation rose to 2.9 percent in July. Smith and Nephew fell after announcing its finance chief will depart.
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London shares edged lower on Wednesday morning as investors assessed inflation data, while Smith+Nephew fell 3.38% following a finance chief departure. The blue-chip FTSE 100 index fell 0.1% to 10,711.52 points. The drop follows a higher consumer price reading across the United Kingdom.
