UK inflation falls as Covid-19 hits clothing sales, and oil tumbles again - business live

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Rolling coverage of the latest economic and financial news

After falling around 3% yesterday, European stock markets have risen slightly at the start of trading. The FTSE 100 has gained 38 points, or 0.7%, to 5678 points. Irish building supplies firm CRH are the top riser, up 4.

 

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You should be buying your oil from realDonaldTrump. He’s selling it for - $36 per barrel!

Inflation should fall. Interest rates are nearing zero and mass unemployment is detrimental to spending. People can not afford to live. The lower the inflation, the better right now. Plus the crashing oil market is helping bring global inflation lower.

We've stopped going out. We've stopped changing clothes. In a few more weeks, we will all be naked, in our homes.

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