LONDON (Reuters) – The FTSE 100 edged higher on Monday after a rise in manufacturing data from China, the world's top metals consumer, boosted sentiment towards mining stocks. However, traders had mixed views over whether or not the UK stock market would advance much further due to uncertainty over the U.S. "fiscal cliff" – a combination of spending cuts and tax rises due to be implemented in early 2013 that could tip the U.S. economy back into recession. The blue-chip FTSE 100 index was up by 0.3 percent, or 19.19 points higher, at 5,886.01 points in early morning trade. …
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