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London close: FTSE falls amid MidEast tensions; Burnham becomes PM

By Michele Maatouk

Date: Monday 20 Jul 2026

(Sharecast News) - London stocks fell on Monday amid escalating tensions between the US and Iran, as Andy Burnham became Prime Minister, sacking chancellor Rachel Reeves and paving the way for the expected appointment of Home Secretary Shabana Mahmood as he prepared to appoint his Cabinet.
The FTSE 100 closed down...

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