We start off with the morning news on food inflation continuing to rise.

British Retail Consortium data shows it at 4.2 per cent – up from 4 per cent in June – which places it at the fastest rising rate in 18 months, since February 2024.

“Retailers continue doing everything they can to limit price rises for households, but as the Bank of England acknowledged, the £7 billion in new costs flowing through from last year’s budget has created an uphill battle for retailers,” said Helen Dickinson, chief executive of the BRC.

Morning all and welcome back to our live business and finance coverage on The Independent.

This morning we’re looking at food inflation rising, the stock market reopening in London and plenty more.