London's benchmark FTSE 100 index dropped 0.6 percent to 7,336.30 points compared with Tuesday's close.
The 12-month inflation rate hit 2.3 percent last month compared with 1.8 percent in January, the Office for National Statistics (ONS) said in a statement.
Today is 'day of revolution' for Turkey's energy sector with Monday's solar tender, says Turkish Minister
UBS will be charged with illegal banking practices and dissimulating tax fraud, the sources said, adding UBS's French subsidiary will also go on trial for complicity.
A fresh investment from the World Bank will see Africa receive $57 billion for investment
The move is significant as it means North Korea no longer has access SWIFT's global financial transfer system, further isolating the already heavily-sanctioned country.
Government committed to barring Turkish citizens from trading via foreign exchange brokers, Deputy PM says
Almost 40 percent of foreign-partnered companies founded directly by Syrian nationals or Syrians in partnerships
World Bank's financial arm violated its own guidelines on environmental and social conditions, according to a new report
Despite weak performance, reading close to February 2008 levels just before economic crisis, says top auto association
The Japanese auto giant said the fresh funds, which will include £21.3 million from the UK government, would be used to update its Burnaston factory with new equipment and technology.
The Frankfurt-based firm reported net profit of 1.78 billion euros ($1.9 billion) for last year in a statement, a 4.6-percent increase on 2015's figure and in line with its own and analysts' expectations.
The North Atlantic island posted spectacular growth of 7.2 percent in 2016, one of the strongest rates in the world, on the back of a tourism boom. Wages are rising, as are investments, and real estate projects are flourishing.
The expansion of the Snowy Mountains Scheme in New South Wales state could provide electricity to 500,000 homes, which Prime Minister Malcolm Turnbull described as an "electricity game-changer".
Crude prices rally on weaker dollar
"The time has come to recalibrate bank capital requirements to better balance systemic risk concerns with healthy economic growth and American prosperity,"
Eurostat data shows no improvement in inequality in income distribution in EU in 2015
Company punished local retailers that offered discounts on iPhones, according to Russian officials
Electronic communications companies earned $15.03 billion in 2016, communications minister says
As a result, prices rose in February as last year's accord between OPEC members and some non-members gained traction, the Organisation of the Petroleum Exporting Countries said in its monthly oil report.