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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 ...
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