BUSINESS LIVE: BoE readies base rate hike; ITV ad revenue slips 10%
BUSINESS LIVE: Bank of England prepares rate decision; ITV ad revenue down 10%; The sale of Wood Group is ahead of the acquisition deadline
The Bank of England’s Monetary Policy Committee will announce its final interest rate decision at noon. The markets are pricing in a 25 basis point hike in base rates to 4.5 percent.
The FTSE 100 opens at 8am. Companies with reports and trading updates today include ITV, Wood Group, Grainger, Rolls-Royce, S4 Capital, Man Group and JD Sports. Read the Business Live blog of Thursday 11 May below.
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