Good morning from London where the FTSE 100 is up at four-week highs after fresh data from the ONS a rise in consumer prices of 7.9% in June, down from 8.7% in May and coming in lower than analysts' expectations.
The longer term implications for UK interest rates mean that house builders are leading the charge this morning.
And there was another another good news story for UK PLC today with Jaguar Land Rover owner Tata Motors confirming a £4bn investment to build the UK’s first large-scale EV battery plant.
Staying with electricity, National Grid shares marked a strong start to the day as the system operator sold off a further 20% of the UK’s gas network to its new owners in a £700mln deal.
Hargreaves Lansdown was another early riser, reporting a 6% jump in net new business to £1.7bn during the final quarter.
And in small caps, Trident Royalties shares are up after the US court of appeal ruled that it will allow the vast Thacker Pass lithium project to proceed.