FTSE 100 rises 0.5 percent as Burberry leads at midday
Published on 10/14/2026 at 13:23 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSFiscal outlook and inflation
- At 11:06 a.m. BST, the index stood at 10,700 points, up 50 points or 0.5 percent.
- A fiscal borrowing plan and consumer staples lifted the index; the 10-year gilt yield was 5.4 percent.
- Burberry was the strongest FTSE 100 riser at 2.9 percent.
- US September CPI is due October 14 at 1:30 p.m. BST, with 3.6 percent annual inflation expected.
The FTSE 100 rose 50 points, or 0.5 percent, to 10,700 points at 11:06 a.m. BST on October 14, 2026, Reuters reports. The index advanced as traders weighed September US consumer price data due at 1:30 p.m. BST, with annual inflation expected at 3.6 percent.
Burberry gained 2.9 percent, making it the FTSE 100's strongest riser. The index stood 50 points above Tuesday's 10,650-point close.
Why is the FTSE 100 higher at midday?
Consumer staples and defense shares led gains, while markets assessed expectations that the government would avoid additional borrowing in this month's budget. The 10-year gilt yield fell to 5.4 percent in early trading, supporting property shares, the Sunday Guardian reports.
Bank of England Chief Economist Huw Pill questioned whether four rate increases priced by markets would be needed. That view helped rate-sensitive shares, while the index remained focused on the US inflation release.
Winners and losers in the FTSE 100
Leading FTSE 100 movers during Wednesday morning trading were listed by Morningstar:
- Burberry up 2.9 percent: luxury shares strengthened.
- Babcock International up 2.1 percent.
- British Land up 2.1 percent: lower gilt yields supported property shares.
- Airtel Africa down 3.0 percent.
- Admiral down 2.6 percent: Peel Hunt cut its price target.
- Computacenter down 2.3 percent.
FTSE 100 course and market cues
The index opened at 10,657 points, up 0.1 percent, after Tuesday's close. The advance broadened beyond consumer staples into defense and property shares, while software names remained under pressure.
What comes next for the FTSE 100
At 1:30 p.m. BST on October 14, the US Bureau of Labor Statistics is scheduled to publish September consumer price data. Consensus calls for a 0.6 percent monthly increase, 3.6 percent annual inflation and 2.5 percent core inflation, Investing.com reports.
