London stocks were still treading water by midday on Wednesday as investors mulled the latest UK inflation data.
The FTSE 100 was up 0.1% at 7,856.62, while the pound was 0.8% firmer against the dollar at1.2378.
In equity markets, online supermarket Ocado was the top gainer on the FTSE 100, having tanked on Wednesday after a disappointing update on its joint venture with Marks & Spencer, Ocado Retail.
Luxury fashion brand Burberry rose despite saying it took a hit from Covid-19 disruption in its key market of China. Like-for-like sales grew by only 1% to £756m in the three months to end-December, compared with a rise of 7% a year earlier and against a forecast increase of 2%.
Jarvis Investment Management Ltd offers a wide range of stockbroking and administration services and solutions. Their parent company, Jarvis Securities plc (LON:JIM) is listed on AIM.