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Bank of England expected to hold interest rates

Investors predict MPC will maintain interest at 5.25% when it meets on Thursday.

Agent Provocateur sold to Four Holdings after going into administration

Reuters - UK Focus

March 2 (Reuters) - Luxury lingerie retailer Agent Provocateur was sold to Four Holdings on Thursday, after going into administration, its administrator AlixPartners said.

The chain, backed by buyout fund 3i had been hit by a luxury spending slowdown. 3i had also blamed accounting issues and an inconsistent execution of a store expansion programme.

The terms of the transaction were not disclosed. (Reporting by Dasha Afanasieva; Editing by Mark Potter)