FTSE 100 marks best day of 2023 as US inflation falls to 3%

Not too early to start chilling the champagne,' says one analyst as traders toast drop in consumer inflation

Britain's blue-chip share index has posted its biggest one-day jump of 2023 after US inflation slowed by more than expected last month.

The FTSE 100 index gained 133.5 points on Wednesday to 7,416 points, up 1.83%, its best day since November 2022.