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FTSE falls as vaccine and Reddit rows weigh, Marston’s fizzes higher on bid buzz

By lunchtime on Friday, London’s FTSE 100 was 0.8% lower at 6,474 points with recession fears, problems with the vaccine rollout and ‘message-board led volatility’ from the so-called ‘Reddit revolution’ all weighing on investor sentiment. The dispute between the EU and pharmaceutical giant AstraZeneca (AZN) over its coronavirus vaccine looks no closer to being resolved, something that ...

FTSE closes flat on sterling volatility as Brexit talks reach ‘critical stage’

The UK’s benchmark FTSE 100 index closed almost flat at 6,555.39 as Brexit dominated the headlines on Monday, with the UK and EU now at a ‘critical stage’ in their talks over a trade deal. Cabinet Office minister Penny Mordaunt told the House of Commons that the UK and EU are at a ‘critical moment in the negotiations’ and warned the UK is prepared to walk away from talks if the EU ...

Market report: Metro Bank jumps on possible £500m sale, Whitbread down as it returns £2bn to investors

UK stocks start the week flat with the FTSE 100 opening at 7,509, little changed from Friday as investors weigh up the political environment. Ahead of Boris Johnson’s likely appointment as the new prime minister tomorrow investors seem to be acting cautiously with uncertainty over a 'no-deal' Brexit set to go up a notch. Heightened tensions in the Gulf, as well as a possible interest rate ...
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