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The stock price is at London Tuesday’s close was mostly lower on news of a slowdown in core U.S. inflation and an upward revision of forecasts from the World Bank.
The bank raised its global economic growth forecast for 2026 by 0.2 percentage points and currently expects world GDP to grow by 2.6%, but this is still slower than the 2.7% growth rate in 2025.
The World Bank has warned that the 2020s “are expected to be the weakest decade for global economic growth since the 1960s.”
Meanwhile, in the United States, annual consumer price inflation held steady in December as expected, with private sector employers adding slightly more jobs in the week before Christmas.
Back in London, the FTSE 100 closed down 3.35 points at 10,137.35 points. The FTSE 250 index closed down 104.89 points, or 0.5%, at 22,931.97 points; Purpose The stock closed up 2.29 points, or 0.3%, at 799.15 points.
whitbread Still at the top of the FTSE 100, up 7.1%, it reported “continued strong trading momentum” in the third quarter.
Group sales increased 2% year-on-year to £781 million, driven by a 2% increase in accommodation sales in the UK and a 16% increase in accommodation sales in Germany.
Looking ahead, Premier Inn owners have raised their financial savings target from £65m-£70m to £75m-£80m.
Among small-cap stocks, Brave Bison rose 3.2% after the advertising and communications agency reported net revenue of “not less than” £33.5 million in 2025, up 57% from £21.3 million the previous year and beating consensus expectations.
Adjusted Ebitda and adjusted pretax profit also rose above expectations.
Looking ahead, Brave Bison is “pleased” with consensus forecasts for 2026, which include an increase in net income to £45 million and adjusted Ebitda to £9.4 million.
Intuitive Investments raised £20m in equity funding and issued 21.9m new shares at 91.5p each, sending its shares down 7.9%.
IIG said the proceeds will be invested in Huishi, its largest holding company, which is focused on the digital transformation of China’s lottery industry.
In European stock markets on Tuesday, the Paris CAC 40 index closed down 0.1%, and the Frankfurt DAX 40 index closed slightly higher.
At the close of trading in London on Tuesday, the pound was quoted at $1.3428, down from $1.3468 on Monday. The euro was trading lower at $1.1638 and at $1.1677. The USD/JPY exchange rate was 159.17 yen, up from 158.12 yen.
New York stocks were lower. The Dow Jones Industrial Average fell 0.7%, the S&P 500 fell 0.2% and the Nasdaq Composite fell 0.2%.
U.S. 10-year Treasury bond yield Ministry of Finance The quoted price is 4.18%, which is narrower than 4.19%. The U.S. 30-year Treasury bond yield remained unchanged at 4.84%.
U.S. data showed consumer prices rose 2.7% in December compared with a year earlier, matching November’s increase and in line with the consensus cited by FXStreet.
On a seasonally adjusted basis, December prices rose 0.3% from November.
Core consumer price inflation, which excludes food and energy, was 0.2% month-on-month, in line with the consensus cited by FXStreet. Annual core inflation came in at 2.6% in December, unchanged from November but slightly below the 2.7% consensus cited by FXStreet.
U.S. private sector employers added slightly more jobs in the week ended December 20.
U.S. private employers added an average of 11,750 jobs, up from 11,000 in the week ended Dec. 13, according to the latest tracking data from payroll processor ADP.
ADP’s national jobs report showed the U.S. private sector added 41,000 jobs in December, an improvement from a loss of 29,000 jobs in November but below the forecast of a 47,000 gain cited by FXStreet.
In geopolitical news, U.S. President Donald Trump Iran says Iranians should continue nationwide protests, take over institutions and record the names of “killers and torturers” as authorities crack down on mass demonstrations.
“Keep protesting, Iranian patriots,” Trump wrote on his Truth social platform. “I have canceled all meetings with Iranian officials until the senseless killing of protesters stops. Help is on the way.”
AJ Bell’s Dan Coatsworth commented: “The Trump administration’s announcement of 25% tariffs on countries doing business with Iran, as well as continued hints of possible military intervention amid escalating protests in the country, do not appear to be causing much panic in the market at the moment.”
Brent crude oil strengthened on rising tensions with Iran and was quoted at $65.65 a barrel at the close of trading in London on Tuesday, up from $63.55 late Monday night.
Gold quotes fell to $4,598.33 an ounce, down from $4,621.38 an ounce.
The biggest gainers on the FTSE 100 were Whitbread, up 183.00p to 2,767.00p; Pershing Square, up 153.66p to 4,875.66p; Mondi, up 23.14p to 918.14p; and BP, up 10.30p to 436.90p. Pence; Melrose Industries, rose 14.80p to 645.80p.
The biggest losers on the FTSE 100 were Glencore, down 32.61 pence to 435.89 pence; Kingfisher, down 12.10 pence to 312.80 pence; Smith & Nephew, down 44.33 pence to 1,209.67 pence; and Convatec, down 8.00 pence. Pence, to 236.00 pence; Entain, down 23.40 pence to 312.80 pence. 726.00p.
On Wednesday’s economic calendar, the United States will release a number of data, including producer inflation data and the Federal Reserve’s Beige Book.
Wednesday’s UK corporate calendar will feature MS International’s half-year results and Ramsdens’ full-year results. Additionally, Hays and Vistry issued trading updates.
Contributed by Alliance News.