The risk of inflation is rising and signals from the Bank of England (BoE) that it might need to act soon with a rate rise to check it pushed the FTSE 100 down Wednesday.

Budget airline easyJet was riding high, however, after it revealed better-than-predicted second quarter figures.

"EasyJet expects profit growth of 7-14% for the year to the end of September, which puts it back on track to meet analysts' forecasts of a 10% rise," said AJ Bell investment director Russ Mould.

"Strong demand for beach holidays helped to offset the impact of air traffic control strikes in France and a fire at Rome's Fiumicino airport that caused 1,364 cancelled flights."

The FTSE 100 closed out 22 July down -1.50% at 6,667.34 p.

Mining stocks — including Anglo American, BHP Billiton, Glencore, Rio Tinto, Fresnillo and Antofagasta — again took a drubbing.

FTSE 100 biggest risers

  • easyJet Plc +82.00 (+4.92%) 1,748.00
  • RSA Insurance Group +9.30 (+2.11%) 449.50
  • International Consolidated Airlines Group SA +9.50 (+1.69%) 570.00
  • Sage Group Plc +5.50 (+1.03%) 541.00
  • CRH Plc +15.00 (+0.81%) 1,876.00

FTSE 100 biggest fallers

  • ARM Holdings Plc -69.00 (-6.64%) 970.00
  • BHP Billiton Plc -71.50 (-5.71%) 1,180.00
  • Anglo American -48.20 (-5.59%) 813.50
  • Glencore Plc -13.05 (-5.41%) 228.00
  • Weir Group Plc -89.00 (-5.37%) 1,568.00

FTSE AIM 100 biggest risers

  • Gemfields Plc +2.75 (+4.72%) 61.00
  • Xeros Group Plc +10.75 (+4.39%) 255.75
  • Breedon Aggregates Ltd +2.00 (+3.96%) 52.50
  • Clinigen Group Plc +25.50 (+3.82%) 693.50
  • RWS Holdings Plc +5.00 (+3.57%) 145.25

FTSE AIM 100 biggest fallers

  • Restore Plc -17.50 (-6.52%) 251.00
  • Pan African Resources Plc -0.37 (-4.92%) 7.15
  • Scapa Group Plc -9.00 (-4.39%) 196.00
  • James Halstead Plc -13.25 (-3.01%) 426.25
  • Velocys Plc -2.50 (-2.85%) 85.25