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U.K. stocks slip on U.S. budget talks

Mon, 31 Dec 2012 17:12:47 GMT

Source: Bloomberg

Stocks in U.K. fell for the second time in a row on Monday as concerns about not reaching a deal in fiscal cliff talks between U.S. lawmakers and the White House overshadowed acceleration in Chinese manufacturing and improvement of British business sentiment index. The FTSE 100 Index dropped 0.5% to 5,897.81, while the broader FTSE All-Share Index also added 0.4%.

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