Oil hits $95 per barrel; CBI postpones annual meeting amid ‘cashflow challenges’ – as it happened

Rolling coverage of the latest economic and financial news, as Brent crude hits 10-month high and CBI puts annual meeting on hold amid financial woes

• Farage row: no evidence of politicians being debanked, watchdog set to find

Newsflash: inflation across the eurozone fell last month.

Consumer prices across the single currency area rose by 5.2% in the year to August, down from 5.3% in July, and lower than the 5.3% initially estimated for August.