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London open: Stocks gain as UK GDP misses expectations

By Michele Maatouk

Date: Thursday 16 Jan 2025

(Sharecast News) - London stocks rose in early trade on Thursday as weaker-than-expected UK growth figures added to expectations of a rate cut next month.
At 0820 GMT, the FTSE 100 was up 0.6% at 8,350.92.

Data released earlier by the Office for National Statistics showed the economy grew 0.1%...

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