By Jasper Jolly
Rolling coverage of business, economics and markets as British prices rise faster than expected
- Consumer prices rise; house prices increase across the UK
- Boeing finds debris in fuel tanks of undelivered 737 Max planes
- Markets gain amid lull in coronavirus fears
- Metro Bank appoints new chief executive amid scandal fallout
1.32pm GMT
There’s a mighty row brewing around Britain’s biggest mining project in North Yorkshire.
The lack of ‘final’ offer, in Odey’s opinion, suggests that Anglo American would be willing to bid substantially more for Sirius, with the investment case remaining highly attractive for Anglo American, even at a materially higher bid level.
Related: Hedge fund rebuffs ‘unjust’ takeover bid for Sirius Minerals
12.49pm GMT
It’s still looking like an easy day for European stock market investors: blue-chip shares have notched up another record high.
The 0.6% gain for the Stoxx 600 index gives it a 3.5% increase for 2020 so far, and we’re only halfway through February.
Source: UK inflation jumps to six-month high of 1.8% – business live
