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FTSE 100 falls as pound rallies

Sterling strengthened on Thursday after the Bank of England signalled it was preparing to raise interest rates in the coming months

FTSE 100 falls as pound rallies

UK stocks fell for a fourth straight session on Friday, pressured by a continued rally in the pound and a renewal of geopolitical jitters after North Korea fired a missile over Japan, MarketWatch reports.

The FTSE 100 index lost 0.4% to 7,268.45, setting it on track for its lowest close since early May, according to FactSet figures. For the week, the blue-chip benchmark was on track for a 1.5% drop.

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