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FTSE LIVE: Shares slide in London after US Federal Reserve hints at another rate hike

FTSE LIVE: UK financial expansion rate climbs to at least one.five%; Shares slide in London after US Federal Reserve hints at another rate hike; SSE merger with rival Npower driven off route; Online store AO World buys Mobile Phones Direct

Shares are at the slide in London after America’s Federal Reserve hinted another rate hike for the worlds’ largest financial system may just occur earlier than we hit Christmas.

In corporate information SSE’s merger with rival Npower seems to be set to be behind schedule as the corporations weigh up the have an effect on of a deliberate power worth cap, and on-line store AO World has struck a deal to shop for Mobile Phones Direct.

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