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The Independent UK

Business

Henry Saker-Clark

London markets slip as housebuilders fall over interest rate worries

London United States Vistry Sage

Housebuilder stocks dragged on the FTSE 100 on Wednesday (Ben Birchall/PA) - (PA Archive)

The FTSE 100 closed in the red after a weak session for housebuilders dragged on the index.

Housing firms – including Vistry, Berkeley and Persimmon – were dented by a sharper-than-expected rise in inflation last month.

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