FTSE LIVE: shares are slipping to London after the US Federal Reserve gives hints for a new interest rate hike

FTSE LIVE: British economic growth climbs to 1.5%; Shares in London after the US Federal Reserve gives hints at another rate hike; SSE merger with rival Npower shifted its course; Online seller AO World buys mobile phones directly

Shares are on the bar in London after the US Federal Reserve hinted that there would be another rate hike before the world's largest economy could take place before we celebrate Christmas.

In company news, the merger of SSE with rival Npower seems to have been postponed, as the companies weigh the impact of a planned energy price limit, and online retailer AO World has signed an agreement to buy mobile phones directly.

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