Banks, consumer stocks haul FTSE 100 lower

UK’s blue-chip shares were dragged down by banking and consumer oriented stocks on Monday, while reports of the Truss government reversing tax cuts in their new fiscal policy helped the pound, capping losses for the mid-cap index. The FTSE 100 was down 0.6%, while the FTSE 250 shed 0.4% by 0718 GMT…
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