BUSINESS CLOSE: UK inflation slows to 10.7%; TUI Group swings to profit

The FTSE 100 closed down 0.09 per cent or 6.96 points to 7,495.93 this afternoon.  Among the companies with reports and trading updates today are TUI Group, Watches of Switzerland, SThree and BT. Read the Wednesday 14 December Business Live blog below.

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This post first appeared on Dailymail.co.uk