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FTSE 100 steadies near record level

The FTSE 100 share index holds steady near the record closing level it set on Tuesday.

But what does it say about the wider UK economy?

The FTSE 100 share index closes at a new high, surpassing the previous record set in December 1999.

The FTSE 100 approaches its record high as investors remain optimistic that a solution to the Greek debt crisis can be found.

Mining shares help to support the market in early trade, with Rio Tinto leading the way after it announces plans for a $2bn share buyback.

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