UK property stocks drive FTSE 100 rally after inflation falls

Stay informed with free updatesSimply sign up to the UK property myFT Digest -- delivered directly to your inbox.Shares in UK property groups and housebuilders surged on Wednesday as investors dialled back their expectations for where interest rates might peak after inflation fell more than expected in June.Persimmon climbed 8.3 per cent, while Barratt Developments and Taylor Wimpey rose 7 per cent and 6.8 per cent respectively, helping London’s FTSE 100 close 1.8 per cent higher, after data..