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UK stocks set for weekly declines as oil prices soar
As a selloff in French government bonds deepens, the region's debt-laden economies risk a surge in borrowing costs while also grappling with increasing social unrest.
France faces a severe fiscal, debt, and political crisis, with its 10Y bond yield surging to ~5%, the highest since 2002. The deficit/GDP ratio remains far above the EU's 3% threshold, with public debt projected to reach 118% of GDP by 2026.
FTSE 100 slips as banks weigh; defensive stocks limit decline
FTSE 100 slips as banks, miners drag
IMF expects at least one more 25 bps ECB rate hike in 2026
Greencoat UK Wind LON: UKW outlined plans to broaden the ways it reinvests cash generated by its portfolio while maintaining its existing financial proposition of a well-covered, inflation-linked dividend.
Britain's FTSE 100 climbed to its highest level in nearly a month on Thursday as falling gilt yields and stronger-than-expected economic data gave investors a reason to favour large UK financial stocks. The blue-chip index rose 0.54% to 10,782.98, its highest since September 18, while the more domestically exposed FTSE 250 slipped 0.07%.