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Business

UK: markets rally amid Brexit turmoil

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UK blue-chip shares were slightly higher on Wednesday on gains in British American Tobacco, Rolls Royce and companies with international earnings, as political chaos deepened following a leadership challenge to the Prime Minister. As David Pollard reports, sterling also regained lost ground after a senior minister said Britain would need to delay its exit from the EU if Theresa May loses a vote of confidence.

Business

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