FTSE 100 Edges Higher On Pound Weakness

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FTSE 100 Edges Higher On Pound Weakness
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BRUSSELS/FRANKFURT/PARIS (dpa-AFX) - U.K. stocks rose on Tuesday as the British pound weakened after the release of mixed labor market data. While the latest data pointed to a cooling labor market

BRUSSELS/FRANKFURT/PARIS - U.K. stocks rose on Tuesday as the British pound weakened after the release of mixed labor market data.

The unemployment rate rose to 4.3 percent in the three months to July from 4.2 percent in the preceding period, the Office for National Statistics reported. BOE policymaker Catherine Mann warned late Monday that it's too soon for the Bank of England to stop raising rates.

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