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European stocks closed notably lower on Tuesday as hotter-than-expected U.S. consumer price inflation dashed hopes of an interest rate cut by the Federal Reserve.
European stocks closed notably lower on Tuesday as hotter-than-expected U.S. consumer price inflation dashed hopes of an interest rate cut by the Federal Reserve.
London markets ended the trading day in negative territory on Tuesday, influenced by concerns over higher inflation figures from the United States and a deceleration in wage growth within the UK.
The EY ITEM Club has warned that “the incremental increases in income tax have created a meaningful cross-border divide”
DS Smith revealed it 'received a highly preliminary expression of interest' from blue-chip rival Mondi though no proposal has been made.