Welcome back to the City AM liveblog for your top news, updates and analysis from the FTSE 100 and other UK markets.

Welcome back to the City AM liveblog - for your top news, updates and analysis from the FTSE 100 and other UK markets.

Welcome back to the City AM liveblog - for all your top news, updates and analysis from the FTSE 100 and other UK markets.

Welcome to the City AM liveblog - for your top news, updates and analysis from the FTSE 100 and other UK markets.

The FTSE 100 closed up 14.40 points at 10,508.61.

Welcome back to the City AM liveblog for your top news, updates and analysis from the FTSE 100 and other UK markets.

Rolling coverage of the latest economic and financial news, including the latest UK jobs report and the Bank of England’s interest rate decision at noon

The FTSE 100 closed down 108.91 points, or 1.0%, at 10,399.70.