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FTSE closes higher as sterling hits $1.40

The FTSE 100 closed up 0.1 per cent at 6,624.02 on Friday despite a currency headwind to its dominant overseas earnings as sterling hit the $1.40 mark. By 4.30pm UK time the S&P 500 was up 0.4 per cent to 3,928.94, clawing back a good chunk of Thursday’s losses. NatWest reported an operating loss of

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