FTSE reacts to Bank of England decision

The London benchmark added 16.7 points to 4,800.3 points at its close, led by ITV, after speculation private equity firm Kohlberg Kravis Roberts & Co may consider a bid for the television network. Shares in the broadcaster jumped 4.5p, or 4% to 111.5p. GUS, owner of Argos also lifted 26p to 931p, after a sales report from the retailer indicated credit-checking unit Experian, had performed better than expected. Corus Group also added 1.50p to 52.5p at close this afternoon. Investment products provider Man Group capped a poor day shedding 28p to 1362p. In the US, the Dow Jones has s...