FTSE opens down as interest rate decision looms

The move, expected to be by 50 basis points and taking the base rate to a historic low of just 1%, would move the UK more in line with Japan and the US. The FTSE 100 dropped as low as 4,152 shortly after opening but has since recovered and, as of shortly before 11.30am, had reached 4,222, a drop of just five points, or 0.13%. Stocks in the black today include gas producer BG Group, which climbed 7.45%, and catering giant Compass Group, which advanced more than 2.5%. However, Unilever - one of the world's largest consumer and food groups - has dipped into the red this morning, losing 5...