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By Amal S and Bansari Mayur Kamdar (Reuters) -UK shares rose on Monday as hopes for progress in Russia-Ukraine peace talks lifted sentiment globally, with financials leading the advance on FTSE 100, while Rio Tinto fell after proposing to buy the remaining of Canada’s Turquoise Hill. The blue-chip FTSE 100 index climbed 0.5% in volatile trade, with banks and insurers leading the gains. “If there is a ceasefire, that takes some heat out of commodities and fears of inflation or stagflation, that would be seen as a positive for economy and banks will be seen as one way of playing that after a wea…