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Evening Standard
Evening Standard
Alex Daniel

FTSE 100 slides after higher inflation dampens rate cut hopes

Inflation The Bank of England Glencore Interest Rates

The FTSE 100 slumped on Wednesday after UK inflation figures came in higher than expected and one of the index’s biggest firms said it could leave.

London’s blue-chip index fell 54 points to finish the day at 8,713, or a 0.6% fall.

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