FTSE LIVE: Carpetright swings to a full-year loss; London stock recovers some lost ground

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The FTSE 100 closed up 28.08 points at 7537.92, after clawing back into the black following its dramatic plunge yesterday.

Struggling floorings retailer Carpetright reported a full-year loss spearheaded by dwindling consumer confidence in the UK and increased competition.

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