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Royal Mail Mulls Split as Pandemic Buzz Fades: The London Rush

A Royal Mail trolley on a street in London, UK.

A Royal Mail trolley on a street in London, UK.

Photographer: Hollie Adams/Bloomberg

Here’s the key business news from London-listed companies this morning.

Inflation: UK inflation hit yet another new 40-year high in June, intensifying the cost of living crisis and piling pressure on the Bank of England to deliver an aggressive interest-rate increase next month.