By Michele Maatouk
Date: Thursday 07 Aug 2025
(Sharecast News) - London stocks ended firmly in the red on Thursday as a hawkish rate cut from the Bank of England lifted the pound.
The FTSE 100 closed down 0.7% at 9,100.77, with sterling up 0.5% against the dollar at 1.3418.
The BoE cut interest rates by 25 basis...
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