BUSINESS LIVE: Inflation jumps to 2.3%; Dunelm buys Home Focus; Royal Mail takeover ‘still to be approved’

Consumer price inflation accelerated to the highest level since April last month, new data from the Office for National Statistics shows.

The consumer price index rose from 1.7 percent in September to 2.3 percent in October, higher than the 2.2 percent forecast by analysts and the largest monthly increase in more than two years.

The FTSE 100 opens at 8am. Companies with reports and trading updates today include Dunelm, Sage, Crest Nicholson, Severn Trent and Hornby. Read the Business Live blog from Wednesday, November 20 below.

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