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News 2026-09-21 16:15 UTC

UK stocks rise, banks lead gains as oil prices retreat

London shares closed higher on Monday, with banks leading gains, as risk appetite worldwide got a boost after oil prices retreated on hopes of diplomatic progress in the Middle East. The blue-chip FTSE 100 index rose 0.75% to 10,739.01 points after declining almost 1.5% in the previous session. The midcap FTSE 250 clim