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Evening Standard
Evening Standard
Business
Henry Saker-Clark

FTSE slides in run-up to Budget as BP shares tumble

London stocks were lower at the end of trading on Tuesday (Yui Mok/PA) - (PA Archive)

The FTSE 100 lost ground on Tuesday after it was dented by a weak performance by oil giant BP.

BP dropped after it reported that profits tumbled by nearly a third in the latest quarter to £1.75 billion, as a slump in refining margins weighed on income.

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