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London close: FTSE rallies as investors cheer soft inflation data

By Michele Maatouk

Date: Wednesday 22 Jul 2026

(Sharecast News) - London stocks ended firmly in the black on Wednesday as investors welcomed softer-than-expected inflation data.
The FTSE 100 closed 1.2% higher at 10,716.97, hitting its highest level since March, while Brent crude was 2.5% firmer at $93.24 a barrel and West Texas Intermediate was up 2.2% at $86.22...

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