The Bank of England’s Monetary Policy Committee has voted to hold base rate at its current level of 5.25 per cent by a margin of 7-2, with two members voting for a 25 basis point cut to 5 per cent.
The FTSE 100 is up 0.4 per cent in afternoon trading. Among the companies with reports and trading updates today are ITV, Wood Group, BAE Systems and Hipgnosis.