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Evening Standard
Evening Standard
Business
City Staff

FTSE 100 Live: Fed rates rise, Lloyds and GSK lift 2022 guidance

GSK Lloyds Banking Group

The US Federal Reserve has increased benchmark borrowing costs by 0.75% for the second time in a row, in the latest sign of the stronger measures being taken by central banks to try and tame runaway inflation.

Lloyds Banking Group and drugs giant GSK have raised their 2022 guidance after publishing robust half-year results today.

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