FTSE 100 (^FTSE)
FTSE Index - FTSE Index Delayed price. Currency in GBP
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As of 12:43PM BST. Market open.
| Previous close | 8,354.05 |
| Open | 8,354.05 |
| Volume |
| Day's range | 8,349.83 - 8,394.01 |
| 52-week range | 7,215.80 - 8,394.01 |
| Avg. volume | 1,118,221,975 |
ReutersInstant view: BoE edges towards a first rate cut, sterling falls
The Bank of England on Thursday took another step towards lowering interest rates, as a second official backed a cut and Governor Andrew Bailey said he was "optimistic that things are moving in the right direction". The BoE said on its Monetary Policy Committee voted 7-2 to keep rates at a 16-year high of 5.25%. The interest-rate sensitive two-year gilt yield was last down 4 basis points at 4.274%.
Yahoo Finance UKBank of England keeps interest rates at 16-year high
Markets expect the first interest rate cut to happen this summer.
Yahoo Finance UKTrending tickers: ITV, Nissan, Warner Bros Discovery, Balfour Beatty
The latest investor updates on stocks that are trending on Thursday.
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