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London close: Stocks higher as UK growth misses forecasts

By Josh White

Date: Thursday 16 Jan 2025

(Sharecast News) - London equities ended Thursday in positive territory, with investors buoyed by weaker-than-expected UK growth data that bolstered expectations of a potential interest rate cut by the Bank of England next month.

The FTSE 100 index rose 1.09% to close at 8,391.90 points, while the FTSE 250...

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