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UK shares slip amid Brexit political turmoil

The UK stock market has gone into reverse amid the political fall-out from Theresa May's Brexit plan.

The FTSE 100 share index has fallen 0.7% to 6,987.88, with shares in UK-focused stocks such as banks and housebuilders continuing to slide.

However, the pound - which suffered its biggest fall for two years on Thursday - has stabilised.

Sterling was up 0.8% against the dollar at $1.2873, while it gained 0.2% against the euro to €1.1297.


BBC News

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