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Evening Standard
Evening Standard
Anna Wise

UK’s FTSE 100 treads water and pound weakens as US inflation edges higher

The pound continued to weaken against the dollar (Yui Mok/PA) - (PA Archive)

The UK’s top stock index treaded water on Wednesday while the pound continued to weaken against the dollar after new official data showed US inflation crept up last month.

The FTSE 100 was declining during the day but managed to gain 4.56 points, or 0.06%, late in the afternoon to close at 8,030.33.

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