FTSE 100 recovers losses

FTSE 100 recovers losses

The FTSE 100 clawed back its losses to pass the 6,900 mark during midday trading as the UK currency weakened on the fluidity of Brexit.

Oil prices were down amid a lack of a clear solution to the US-China trade talks and data that suggests huge fuel stocks in the US, while international benchmark Brent crude slipped 0.42pc at $61.19.

Sterling dipped to $1.2737 against the dollar and a one week low against the Euro after Theresa May lost her second parliamentary vote in two days, adding to the uncertainty over Brexit, raising the prospects of a general election.

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