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FTSE 100 rises as pound slips on fears over ‘hard Brexit’

Traders wait for Theresa May speech on Brexit on Tuesday

FTSE 100 rises as pound slips on fears over ‘hard Brexit’

UK stocks edged higher Monday, with the pound dragged sharply lower as investors brace for the renewed prospect of British business losing access to the European Union’s single market.

The FTSE 100 rose 0.2% to 7,349.16. A win Monday would extend the index’s run of gains to a 15th session, for its longest streak of advances ever. The index on Friday added 0.6% to 7,337.81, a 12th consecutive all-time closing high. Last week, the London benchmark rose 1.8%.

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