Key moments
Inflation cools in May to 3.4%
FTSE 100 to open 8.5 points higher, with focus on Middle East
Oil around five-month high over possible direct US military involvement in Israel-Iran conflict
US Federal Reserve set to hold interest rates
Latest official data on prices shows an easing in consumer price inflation from a more than year high of 3.5% in April
Key moments
Inflation cools in May to 3.4%
FTSE 100 to open 8.5 points higher, with focus on Middle East
Oil around five-month high over possible direct US military involvement in Israel-Iran conflict
US Federal Reserve set to hold interest rates

Business news live: Inflation higher than expected as FTSE opens flat

Business news live: FTSE 100 to open lower, oil prices rise after US strikes on Iran

UK inflation slows to 3.4% in May as transport costs ease – business live

UK inflation lingers at 3.4% in May, bolstering case for interest rate hold

Bank of England holds rates at 4.25% amid Middle East uncertainty

UK inflation slowed to 3.4% in May

Business news live: Oil prices surge higher, FTSE 100 falls after new high