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Brexit

London has been stripped of its crown as Europe’s largest stock market after being leapfrogged by Paris as recession jitters hurt UK stocks. The market value of stocks in Paris has edged ahead of those in London in dollar terms after wiping out a $1.4 trillion gap since the Brexit vote, calculations by Bloomberg revealed. “After its best relative performance …

London stocks fall as Brexit, virus concerns weigh

London stocks fell on Thursday as a stalemate over a post-Brexit trade deal with the European Union and surging COVID-19 infections sparked fears of more damage to an already faltering domestic economic recovery. The blue-chip index slipped 0.9%, with home improvement retailer Kingfisher Plc tumbling 3.9% after saying fourth-quarter underlying sales growth has slowed so far. The domestically focused mid-cap …

FTSE 100 falls as stronger pound, Brexit uncertainty weigh

London's FTSE 100 retreated from more than a five-month high on Tuesday as a stronger pound pressured exporters and investors remained cautious about a post-Brexit trade deal with the European Union. The domestically-focussed mid-cap FTSE 250 index fell 0.1%, with shares in Upper Crust owner SSP Group tumbling 6.5% to the bottom of the index after Morgan Stanley downgraded the …

Brexit Ftse 100