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Evening Standard
Evening Standard
Business
City Staff

FTSE 100 Live: Shares soar as banks pass stress test, pound at $1.30 as US inflation falls to 3.0%

Lloyds, NatWest and six other UK lenders today hailed the resilience of their balance sheets after all passed the Bank of England’s annual stress test.

The results were released alongside the publication of the Bank’s financial stability report.

Elsewhere, US inflation fell to just 3% June, while core inflation dipped to 4.8%. That send the dollar down, bringing the pound above $1.30.

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