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The FTSE 100 ended a bruising week on the back foot with oil heading above 90 US dollars a barrel sending UK bond yields soaring as inflation fears mount.
A soft US jobs report added to the downbeat mood as European and US markets also fell sharply.
The FTSE 100 index ended down 129.19 points, 1.2%, at 10,284.75.
The FTSE 250 closed down 199.25 points, 0.9%, at 22,500.95 and the AIM All-Share dropped 3.66 points, 0.5%, at 784.70.
For the week, the FTSE 100 was down 5.7%, the FTSE 250 fell 5.3% and the AIM All-Share dipped 4.2%.
Brent oil traded sharply higher at 90.85 dollars a barrel on Friday afternoon, up from 84.41 dollars at same time on Thursday.
The latest gains came after Kuwait joined Qatar and said that it was halting energy
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