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Uk Ftse set for steep weekly drop

2014-09-26 14:01:11| Food - Topix.net

Britain's main equity index was on track for its biggest weekly loss in 15 months on Friday as two new profit warnings added to a gloomy mood for shares, hit by expectations of monetary tightening in Britain and the United States. Shares in banknote printer De La Rue and Waste management company Shanks Group fell 24 percent and 16 percent, respectively, as both companies warned on future profits, blaming deteriorating trading conditions.

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