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Morning in the City: Live updates as inflation drops, results from Aviva and M&S
![](https://www.cityam.com/wp-content/uploads/2023/04/GettyImages-1022375830-1.jpg?w=742)
Welcome to City A.M.’s live blog on Wednesday 24 May as the latest inflation figures are released, and there are results from Aviva and M&S.
What you need to know this morning:
- Bank of England likely to raise rates again after inflation figures.
- Inflation has dropped to 8.7 per cent
- Marks and Spencers report nearly 10 per cent revenue increase
- Aviva’s strong start: Sales rise eleven per cent
- Bank bombshell: CMA finds traders at five banks shared intel on UK bond sales