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Blue chip banks roared higher today on news that. more than $1.55 – as sterling continued to strengthen, helped by robust UK retail sales. But it was BP in London grabbing the headlines once more.

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The pound, which was going strong all day and reached a nine-week high overnight, has gone into reverse, trading 0.7 per cent lower against the dollar at $1.276. It was also 0.1 per cent lower against.

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The Serious Fraud Office has opened the door to a last- ditch round of talks aimed at breaking. Investigations into its activities in South Africa, the Czech Republic, Romania and Tanzania have.

Doorstep lender Provident could breath a sigh of relief today as its rival Non-Standard Finance decided to shelve its hostile takeover approach after failing to gain enough backing.

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