UK shares end lower as inflation concerns weigh on consumer product makers   

Both the World Bank and the IMF have cut their outlooks for global growth, as inflation and the costs of the Ukraine war mount.

UK shares closed lower, weighed by concerns about a slowdown in global economic growth and a series of negative brokerage actions. 

Guinness and spirits-maker Diageo, Dove soap maker Unilever, and personal goods maker Reckitt Benckiser all fell between 2.1% and 1.5%. However, gains in commodity stocks limited the losses. Oil majors BP and Shell were up after JP Morgan raised its price targets on the stocks.