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London stocks were still in the red by midday on Thursday, but sterling maintained its poise as the latest services data suggested that the UK economy has slipped into recession.
London stocks were sharply lower by midday on Wednesday amid worries about a global slowdown and jitters over Brexit as Prime Minister Boris Johnson delivered his speech at the Tory party conference.
London stocks had fallen into the red by midday on Tuesday as the latest reading on the manufacturing sector beat expectations but remained in contraction territory.
