FTSE 100 Live: London stocks soar as inflation dip raises hopes of more BoE cuts

The FTSE surges 164 points to 9,849 Inflation falls more than expected Pound sinks as Bank of England rate cut nailed on 11am: FTSE roaring The FTSE is absolutely roaring, up 1.7%, while the rest of Europe is largely flat. Phoenix Group and HSBC are still top, both up over 4%, while miners, housebuilders, utilities, banks and oil companies are playing strong supporting roles. The…