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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

By live commentary

published: | Updated:

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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