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News 2026-09-21 10:04 UTC

UK indexes climb as banks lead gains, oil prices retreat

London shares climbed on Monday, with bank stocks leading gains, as risk appetite worldwide got a lift after oil prices retreated on hopes of diplomatic progress in the Middle East. The blue-chip FTSE 100 index rose 0.73% to 10,737.66 points by 0932 GMT. The midcap FTSE 250 climbed 0.69%. Heavyweight banks were among t