European stocks remained flat to slightly lower on Wednesday following concerns about an AI bubble and the economic outlook. The British pound was subdued as UK consumer price inflation eased in October to 3.6 percent, slightly above economists’ expectations of 3.5 percent. The Stoxx 600 fell 0.1 percent after a 1.7 percent drop the previous day. Lloyds Banking Group agreed to acquire fintech company Curve, while Rotork announced a new share buyback program worth £50 million. Roche gained 1 percent, while British Land declined 1.6 percent and Sage Group jumped 3.7 percent after reporting strong FY25 results. Tesco rose 1 percent as it launched the third tranche of its share buyback program.

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