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London close: Stocks slide as Bank of England trims rates

By Josh White

Date: Thursday 01 Aug 2024

(Sharecast News) - London's stock markets ended the day in negative territory on Thursday, as investors digested the Bank of England's decision to cut interest rates for the first time in four years.

The FTSE 100 fell by 1.01%, closing at 8,283.36, while the FTSE 250 declined 0.65% to finish...

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