FTSE 100 fluctuates on Thursday

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Source: Dukascopy
© Scanpix/AP
British stocks gained on Thursday after Bank of England decided to keep its key interest rate unchanged and ECB announced the cut of its lending rate. Main supporters for UK's benchmark FTSE 100 were tobacco producers and telecommunications firms. British American Tobacco PLC added 1.7% while BT Group PLC and Vodafone Group PLC ascended 1.6% and 1.4% respectively. Nevertheless, after Draghi's statement that ECB will not buy extra debt of troubled European countries, index slumped 0.81% to 5,499.68.

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Thu, 08 Dec 2011 18:53:18 GMT

CIBC and Scotiabank to provide top incentive pay

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Thu, 08 Dec 2011 16:40:23 GMT

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