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UK house prices drop for first time since January as stamp duty cut winds down – business live

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UK housing boom cools, as German industrial production falls and markets await Federal Reserve minutes

In other news, the Ever Given, one of the world’s biggest container ships, has begun its exit from the Suez Canal – 106 days after becoming stuck across the southern section of the waterway for nearly a week, and disrupting global trade.

The 400-metre vessel, loeaded wtih 18,300 containers, is sailing through the canal towards the Mediterranean.

Wall Street has (mostly) opened higher.

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