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24.04.25 - 13:12
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FTSE Down Marginally In Cautious Trade (AFX)
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BRUSSELS (dpa-AFX) - UK stocks are slightly weak on Thursday as renewed concerns about U.S. government's trade policy and uncertainty about U.S. tariffs on China weigh on sentiment.U.S. has signal......
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23.04.25 - 14:42
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FTSE 100 Notably Higher On Easing Tariff Concerns (AFX)
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BRUSSELS (dpa-AFX) - The U.K. stock market remains firmly place in positive territory on Wednesday after a bright start as U.S. President Donald Trump has toned down his rhetoric on Jerome Powell,......
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23.04.25 - 09:00
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UK annual borrowing nearly £15bn above official forecast; stocks rise as Trump rows back on Fed attack – business live (The Guardian)
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UK government borrowed £151.9bn in year to March; investors cheered by hopes of US-China trade dealGood morning, and welcome to our rolling coverage of business, the financial markets, and the world economy.Government borrowing in the UK rose more than expected last month, which means the government borrowed nearly £15bn more than forecast over the year than in the previous fiscal year, underlining the challenges the chancellor Rachel Reeves faces.Debt interest payments reached £4.3bn in March, the highest March figure since monthly records began 27 years ago. This reflects the fiscal challenge the chancellor faces. Higher debt servicing costs as a share of total revenues will leave the public finances more exposed to future economic shocks.Rachel Reeves continues to hold the fiscal line, but the next six months will be critical—and she needs some clear wins. While her spring statement restored the £9.9bn headroom, that cushion remains precarious. In the worst-case scenario outlined by the governmen...
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