Weaker pound, mining stocks push blue-chip FTSE 100 higher By Reuters
(Reuters) - London's FTSE 100 gained on Friday as a weaker pound helped support export-focussed stocks, but was set to end the week lower on signs that the pace of economic recovery could be slower than expected. The blue-chip FTSE 100 index rose 0.5%, powered by Glencore (LON:GLEN), Rio Tinto (LON:RIO), Unilever (LON:ULVR) and GlaxoSmithKline. Britain's economy grew by a slower-than expected 0.8% in May from April, official data showed. A Reuters poll of economists had pointed to month-on-month growth of 1.5% in gross domestic product. The domestically focussed mid-cap...
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