The FTSE 100 was up 50.6 points to 5266.9 at morning trade. Investors are confident that rate c...
The FTSE 100 was up 50.6 points to 5266.9 at morning trade. Investors are confident that rate cuts will be announced today by the Bank of England. The city is anticipating a 25 basis point rate cut from the BoE who announces the decision at midday. The ECB also decides on rates today. Leading FTSE 100 gains was Invensys with a rise of 3.75p to 72.75p. The biggest faller in FTSE 100 was Hays who posted a loss of 8.25p to 174p. Over in the US on Wednesday the Standard & Poor's 500 Index posted a decline for the first time in five days. Retailers performed especially poorly w...
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