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Welcome back to City AM‘s FTSE 100 live blog.
It’s Wednesday morning and UK stocks are set to gain, the day after hotter-than expected US inflation figures knocked investor sentiment to wipe out London’s earlier rallies on Tuesday.
Brent crude prices are rising slightly this morning though they still remain near ten-week lows. In the US, the newly-powerful Democrats are pushing for an end to the Iran war, though they failed to impeach defence secretary Pete Hegseth overnight.
Stick with us for all the latest economic and business news and updates. Here’s a few of our top headlines this morning:
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