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Evening Standard
Evening Standard
Business
City Staff

FTSE 100 Live: Chancellor and banks agree mortgage support; City sees 6.25% interest rates

Consumers are showing signs of resilience after figures today revealed retail sales rose in May.

A separate report by GfK also highlighted optimism on personal finances despite rising mortgage costs and stubborn inflation.

For investors, meanwhile, there was little to cheer today as European markets continue this week’s downbeat performance.

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