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Evening Standard
Evening Standard
Eva Castanedo

Shares edge down as Iran tensions push oil higher

Rising oil prices fuelled inflation concerns (Peter Byrne/PA) - (PA Wire)

Stock prices in London closed slightly lower on Monday, as rising oil prices fuelled inflation concerns, while investors also digested UK Chancellor John Healey’s pledge to control public spending ahead of next month’s Budget.

The FTSE 100 index closed down 8.96 points, 0.1%, at 10,822.13. The FTSE 250 ended down 78.03 points, 0.3%, at 24,506.68, and the AIM all-share closed down 0.41 points, 0.1%, at 799.50.

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