London stocks hit by Shell's historic dividend cut
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(Reuters) - UK stocks fell on Thursday after Shell cut its dividend for the first time since World War Two in the face of a drop in oil demand caused by the coronavirus pandemic.The blue-chip FTSE 100 fell 0.5% after opening in positive territory, slowing the index's path to its biggest monthly gain since 2011, after three straight sessions of gains."Central bank liquidity is pushing all asset prices up, but reality keeps giving us a very sombre message," said Andrea Cicione, head of strategy..