Mars to buy Hotel Chocolat; ‘too early’ to consider UK interest rate cuts; US jobless claims rise – as it happened

Mars to swallow Hotel Chocolat, and Bank of England's Megan Greene says fall in inflation is good news', but it's too early to think about cutting borrowing costs

Here's another clip from Megan Greene's interview this morning:

Bank of England policymaker Megan Greene has hailed yesterday's fall in inflation to 4.8% as good news', but warned that it's too early to consider cutting interest rates.

The recent data is good news.

Inflation came down pretty significantly, in both headline and core, but the biggest contributor was energy.