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FTSE 100 Stumbles as Utility Sector Drops on Fears Over Thames Water

The FTSE 100 Index closed Thursday down 0.4% to 7471 points on the back of higher U.K. yields while the potential demise of Thames Water put the utilities sector under pressure, IG Group chief market analyst Chris Beauchamp says in a note. ....

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UK Wage Growth Will Keep Interest Rates High

UK Wage Growth Will Keep Interest Rates High

1038 GMT - U.K. wage growth is staying high and any downtrend will likely be gradual, suggesting Bank of England rate cuts will come later than the. | June 12, 2023 ....

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FTSE 100 Closes Up 0.1% as Investors Eye Fed, ECB Rate Decisions

The FTSE 100 Index closed up 0.1% to 7570 points in a positive start to the week for financial markets, despite a slip in miners and oil-exposed stocks, as focus remains on interest-rate decisions from the Federal Reserve and European Central Bank late. ....

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