Britain's FTSE advances, housebuilders rally ahead of spending review

November 25, 2015 11:46 AM

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LONDON Nov 25 British shares advanced on Wednesday as investors warmed to housebuilders ahead of finance minister George Osborne's planned increase in spending on the housing sector.

Finance minister George Osborne is set to announce an increase in spending on housing to support the construction of around 400,000 new homes as part of the autumn spending review, due to be presented at 1230 GMT.

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