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FTSE 100 edges lower as Brexit breakthrough lifts the pound

Bank shares rise on news that there has been enough progress in negotiations to move on to the next phase of Brexit talks

FTSE 100 edges lower as Brexit breakthrough lifts the pound

London-listed bank shares climbed Friday after the president of the European Commission said a breakthrough in the Brexit deadlock had been made, clearing the way for negotiations to move on to the next stage, MarketWatch reports.

But the benchmark FTSE 100 was hurt by the rising pound, which gained more strength after the news.

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