(Bloomberg) -- U.K. stocks fell after a report showed inflation unexpectedly quickened to the fastest in a decade in March, fueling speculation interest rates may rise.
HSBC Holdings Plc, HBOS Plc and Lloyds TSB Group Plc paced a decline by companies that are the most sensitive to higher rates. The pound topped $2 for the first time since September 1992. Experian Group Plc and Hammerson Plc also retreated. BHP Billiton led mining companies lower as gold fell.
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