India, March 26 -- European stocks were mostly lower on Wednesday ahead of a looming deadline for implementing additional U.S. tariffs.
U.K. stocks clung to marginal gains after official data showed U.K. consumer price inflation softened unexpectedly in February.
The consumer price index logged an annual increase of 2.8 percent in February, following January's 3.0 percent rise. Prices were forecast to climb again by 3.0 percent.
The U.K. Chancellor of the Exchequer will deliver the Spring Statement in the House of Commons later today.
Markets expect Chancellor Rachel Reeves to tighten the fiscal policy by GBP 10 billion. Reeves is likely to reduce spending plans instead of introducing new tax hikes.
The Spring statement will be accompa...