London shares steady ahead of spending review

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By Michael Hunter

Published: October 20 2010 09:21 | Last updated: October 20 2010 14:10

The FTSE 100 traded around the 5,700-point mark again on Wednesday as traders digested details on government austerity measures.

Even before the full disclosure of the comprehensive spending review, there were already signs of the potential impact of major government announcements on the market.

EDITOR’S CHOICEIn depth: Spending review 2010 - Oct-18Osborne cuts to usher in ‘sober decade’ - Oct-19CSR: what to watch out for - May-20Lex: UK spending review - Oct-17Editorial: UK lets the axe fall - Oct-17

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