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Market report: IWG gains on spin-off speculation, Carpetright rallies on debt financing relief

London's FTSE 100 cheapened the best part of 30 points to 7,065 on Tuesday, despite remarks from Donald Trump that the US and China would 'very shortly' resume trade talks. A rare bout of strength in the pound served to weigh on UK stocks that earn in US dollars, explaining the share price declines seen at Carnival (CCL) and Ferguson (FERG).Flexible office space supplier IWG (IWG) sparked up 2.6%
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