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Evening Standard
Evening Standard
Business
City Staff

FTSE 100 Live: Pound lowest since March, London top flight closes flat, Burberry lower

London shares edged up this afternoon after an early decline driven by fears of a longer spell of monetary policy in restrictive territory, which left the pound below $1.22.

As well as the interest rate outlook, risk appetite has been impacted by recent events in China’s debt-laden property sector.

On the corporate front, ASOS today lowered its earnings guidance while investors also heard from PZ Cussons, AG Barr and Smiths Group.

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