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Outside the markets, news that the UK manufacturing sector grew at its fastest pace since 1995 and that BMW has picked the UK ahead of Germany and the Netherlands to make its first all-electric car in Oxford has provided Britain's manufacturing industry a timely boost. The pound is flat against a nervy dollar ahead of tomorrow's Federal Reserve meeting and preliminary UK GDP figures. A resurgent FTSE 100 has erased most of the losses it sustained in yesterday's IMF-induced sell-off today to finish 57.09 points higher at 7434.82. Mining stocks boosted by a copper price rally has lifted the blue-chip index with Informa and Segro advancing after posting stronger-than-expected interim results. Josh Mahony, market analyst at IG commented on today's play:
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collected by :John Max