US President Donald Trump said he plans to start sending letters informing trading partners of their tariff rates.

The FTSE 100 index lost just 0.29 points at 8,822.91. The FTSE 250 ended down 145.24 points, 0.7%, at 21,557.34, and the AIM All-Share closed down 2.76 points, 0.4%, at 773.49.

Disinflationary forces are building this year. Insurance against deteriorating demand is advisable. A soft landing for the UK ...