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Market report: Pennon powers higher on Viridor auction buzz, City Pub Group plunges on profit warning

London’s FTSE 100 advanced 30 points to 7,618 on Monday with European stocks ticking modestly higher following a lacklustre end to last week. Weekend press reports suggesting a growing number of Bank of England policymakers are considering voting for an interest rate cut to try and stimulate the economy put a dent in banks such as Lloyds (LLOY), down 0.9% to 59.8p, and Royal Bank of Scotland ...

Market report: Airlines and travel groups gain on lower oil prices while UK retail hit by profit warnings

UK markets opened on the front foot after new all-time highs were registered in the US overnight as relative calm returned following US-Iranian tensions last week. By 9.15am the FTSE 100 index was 0.4% higher at 7,360 points while the mid-cap FTSE 250 index was up 0.25% at 21,696 points. Airlines and travel stocks continued to benefit from lower oil prices as IAG Group (IAG) and Easy Jet ...
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