UK's FTSE 100 index is poised to end a losing streak, buoyed by softer inflation and rising unemployment data that eases pressure for a Bank of England rate hike. Retail sales saw their steepest fall in nearly a year, adding to concerns about consumer spending amid global and domestic challenges.

The FTSE 100 Index is up 101.79 points or 0.99% today to 10432.34

The FTSE 100 closed up 11.13 points, 0.1%, at 10,443.47.

The FTSE 100 Index is up 270.89 points or 2.66% this week to 10466.26

UK's FTSE 100 index is poised to end a losing streak, buoyed by softer inflation and rising unemployment data that eases pressure for a Bank of England rate hike. Retail sales saw…