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Pound ‘falls out of bed’ as political uncertainty grows

Speculation is growing that the UK government will call a snap election

Pound ‘falls out of bed’ as political uncertainty grows

UK stocks headed higher on Friday, boosted by a weaker pound, which slid further on growing speculation that the government will call a snap election, MarketWatch reports.

The FTSE 100 index rose 0.1% to 7,517.55, rising for a seventh session in the past eight. For the week, the London benchmark was on track for a 1.9% gain, which would be its biggest weekly advance since early August.

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