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U.K. Stocks Little Changed as HSBC Climbs, Homebuilders Decline

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U.K. stocks were little changed as banks gained, while homebuilders declined before tomorrow’s Bank of England rate decision.

HSBC Holdings Plc advanced 4.5 percent after announcing a $2.5 billion share buyback, softening the blow of lower earnings and a step-back from plans to boost its dividends. Standard Chartered Plc climbed 4.2 percent after its first-half loan impairment charges fell by a third.