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London close: Stocks finish higher as rate cut hopes grow

By Josh White

Date: Friday 17 Jan 2025

(Sharecast News) - London stocks ended the week on a strong note, as weaker-than-expected retail sales date helped to fan the flames of rate cut hopes.

The FTSE 100 index jumped 1.35% to close at 8,505.22 points, while the FTSE 250 added 0.34% to settle at 20,597.42 points.

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