LIVE BUSINESS: Higher interest rates boost banks’ profits; Reckitt Benckiser pushed for price hikes; WPP beats expectations for the full year

The FTSE 100 will open at 8am. British companies with reports and updates include Barclays, Standard Chartered, Reckitt Benckiser, WPP, Bloomsbury Publishing, and Virgin Wines. Read the Business Live blog on Wednesday 16 October.

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