Bank of England halts FTSE decline

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The FTSE 100 Index recovered from earlier losses to end the day 5.50 points higher to 5009.20 points, after the Bank of England kept its benchmark interest rate at the same mark for a 10th month.

Royal & Sun Alliance Insurance Group leads rises adding 2.25p to 81.25p, while British American Tobacco picked up 22p to 1100p. At the other end of the scale, food chain, Morrison Supermarkets shed 5.50p to 177.50p, after issuing its fifth profit warning in less than 12 months, saying 2005 profits will be between £50m and £150m, and between £225m and £275m as analysts had expected. Corus Group also declined 1.25p to 41.75p, along with Initial Rentokil, down 2.50p to 151p. In the US the Dow Jones Industrial Average has added 26.38 points to 10503.24 points in its morning session, paced...

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