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Evening Standard
Evening Standard
Business
Graeme Evans,Michael Hunter and Daniel O'Boyle

FTSE 100 Live 12 February: Arm shares rocket, ‘Bank of England will have no rush to cut interest rates’

Dealmaking in the City continues to enjoy an upturn after two property firms today unveiled a tie-up that will create a venture big enough for the FTSE 100 index.

Tritax Big Box, the owner of major warehouses used by retailers, will have a value of about £4 billion through its £924 million offer for UK Commercial Property REIT.

As well as the recent flurry of merger deals, traders are looking ahead to a busy week of economic updates including inflation figures in the UK and United States.

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