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BUSINESS LIVE: BoE readies base rate hike; ITV ad revenue slips 10%

May 11, 2023
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BUSINESS LIVE: Bank of England readies interest rate decision; ITV ad revenue slips 10%; Wood Group sales jump; Rolls-Royce on track

By Live Commentary

Published: | Updated:

The Bank of England’s Monetary Policy Committee will at midday reveal its latest decision on interest rates. Markets are pricing a 25 basis point hike in base rate to 4.5 per cent. 

The FTSE 100 is up 0.2 per cent in early trading. Among the companies with reports and trading updates today are ITV, Wood Group, Grainger, Rolls-Royce, S4 Capital, Man Group and JD Sports. Read the Thursday 11 May Business Live blog below.

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