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UK stocks advance on banking-sector strength

UK stocks advance on banking-sector strength

(Corrects day in paragraph 1 to Monday from Thursday) Oct 12 - Britain's FTSE 100 inched up on Monday, with financial stocks providing support ahead of key US inflation data and UK GDP figures this week that could offer fresh insight into the economic outlook. The blue-chip FTSE 100 index rose 0.58% to 10,614.30 points by 1044 GMT, while the midcap FTSE 250 climbed 0.21%.

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