FTSE Russell said in its list of indicative changes that the firms are on track to be replaced by IG Group and Tritax Big Box REIT.

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The deal will see Meta, which also owns Instagram and WhatsApp, snap up a 10% shareholding in the US semiconductor company.

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Business and Trade Secretary Peter Kyle named the boss as his preferred candidate

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Alan Taylor indicated that tariffs could lead to shockwaves across the economy for ‘many years’.

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