FTSE down as investors await GDP stats

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London shares fell back slightly this morning as investors await the latest set of economic figures.

Analysts are hopeful today's GDP figures will be less dire than those seen in the first quarter. Nonetheless, the FTSE100 was down 3.35 points (0.07%) to 4,556.45 this morning. Vodafone shares added 2.78% to 120.15p this morning after revealing its earnings had increased by almost 10% in the last quarter. Home Retail Group shares were up 1.51% to 303p this morning after Deutche Bank upgraded its rating from ‘hold' to ‘buy'. Shares in Pennon Group fell back this morning after water regulator Ofwat announced it would be working to keep prices down. The sewage services firm lost 2.04%...

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