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London close: FTSE 100 drops 1% on central bank hawkishness

By Benjamin Chiou

Date: Thursday 18 Jun 2026

(Sharecast News) - News of a signed peace deal between the US and Iran wasn't enough to lift UK stocks on Thursday, with the FTSE 100 falling over 1% after central bank meetings highlighted the risks of rising inflationary pressures.
The Footsie was down 1.04% at 10,399.70, its lowest finish in...

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