U.K. & Ireland News
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The pound declined for a fourth week against the dollar, the longest run of losses since September, amid speculation the Bank of England will restart its program of asset purchases to spur growth.
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U.K. stocks closed little changed as concern Europe’s debt crisis is deepening and speculation China’s banks may fail to meet loan targets offset an increase in U.S. consumer confidence.
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The euro had its biggest weekly loss since December against the dollar as Greece’s anti-bailout party gained in the polls and amid a deepening crisis in Spain.
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European stocks posted their first weekly advance in a month as China pledged to bolster growth and a three-week selloff left the Stoxx Europe 600 Index at its cheapest level since January.
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