FTSE 100 Live: Ineos suspends huge chemicals plants in Hull, RAC IPO breakdown

Good morning from the City desk at City AM. Follow along here for all our coverage of the latest London Stock Exchange updates along with UK business news and analysis of the key trends shaping investor sentiment.

Here’s a summary of some of our top headlines today:

• B&Q sales slip but owner Kingfisher lifts profit target
• ‘Worryingly large’: Labour’s debt cost racks up to £200bn
• How mansion tax changes could triple the number of payers in suburban London
• City watchdog begins legal action against loan notes firm Hunter Jones
• Fast fashion copyright battle continues as Shein granted appeal against Temu