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London close: UK stocks erase early losses, but uncertainty limits upside

By Benjamin Chiou

Date: Tuesday 12 May 2026

(Sharecast News) - Further gains in the price of oil and worse-than-expected US inflation data hit risk appetite across global stock markets on Tuesday, though London's FTSE 100 managed to erase most of its earlier losses by the close of play.
Political uncertainty at home was also weighing heavily on sentiment,...

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