UK Stocks See Strongest Gain in 8 Months
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UK's FTSE 100 surged 1.7% to over 9,800, marking its strongest gain since April, driven by softer inflation data and rate cut expectations. Phoenix Group led with a 4.3% rise after UBS upgraded it to 'buy', while HSBC rose 3.3% following KBW's 'outperform' upgrade. Miners, housebuilders, utilities, banks, and oil companies also saw gains.
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