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London close: FTSE rallies amid renewed optimism over US-Iran talks

By Michele Maatouk

Date: Wednesday 20 May 2026

(Sharecast News) - London stocks ended sharply higher on Wednesday amid renewed optimism over a US-Iran peace deal, and helped along by solid gains from the likes of Marks & Spencer and Babcock as investors mulled a better-than-expected UK inflation reading.
The FTSE 100 closed up 1% at 10,432.34, while Brent...

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