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Evening Standard
Evening Standard
Business
Michael Hunter,Simon Hunt and Graeme Evans

FTSE 100 Live 13 June: Crest Nicholson and Wise shares slide after results, index lower

Crest Nicholson and the fintech Wise are in the City spotlight following results-day punishment for their shares.

The housebuilder reported softer trading conditions due to the delay in interest rate cuts and pre-election uncertainty.

Its update reflected the mood of the wider London market, with the FTSE 100 under pressure after the Federal Reserve yesterday cooled rate cut hopes.

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