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London's FTSE 100 index fell 0.4% on Wednesday, dragged down by banking stocks, as Brent crude futures held above $100 a barrel and British 10-year borrowing costs climbed to their highest level since Oct. 1.
The water utilitiy company said it planned to raise around £550m through a fully underwritten 7-for-15 rights issue, with 220.3m new shares priced at 250p each. The issue price represents a 35.5% discount to the theoretical ex-rights price based on Tuesday's closing price.The company also said its…