U.K. & Ireland News
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From his view of the world in Scotland, Bruce Stout says investors risk getting burned because optimism is too high for stocks and bond yields are too low. The markets might be proving him right.
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Bank of England Markets Director Paul Fisher said policy makers must continue to provide support to the British economy as companies and consumers reduce debts and rebuild confidence.
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The pound declined for a fourth week against the euro as an improvement in German business confidence and speculation the Bank of England will boost stimulus sapped demand for the U.K. currency.
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U.K. stocks fell, posting their biggest two-day drop in 10 months, as investors digested this week’s monetary-policy announcements from the Federal Reserve.

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