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London close: Starmer resignation, oil price slump lifts stocks

By Benjamin Chiou

Date: Monday 22 Jun 2026

(Sharecast News) - UK stocks rose strongly on Monday as political uncertainty eased following the resignation of prime minister Keir Starmer, while oil prices continued to drop.
The FTSE 100 finished 0.7% higher at 10,437.85, snapping two days of losses, with banking, mining and airline stocks among the best performers.

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