London midday: Stocks flat as investo...

London midday: Stocks flat as investors digest data; banks and retailers rally

London stocks had flattened out by midday on Wednesday, erasing earlier small gains as investors digested the latest reading on industrial production, with retailers in focus again following updates from Sainsbury's, Ted Baker and Superdry. The FTSE 100 was flat at 7,733.49, easing back after hitting a record intraday high of 7,756.11 earlier, having closed at a fresh peak of 7,731.02 the day before.

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