The pound has extended gains in early trading after reports suggested the Bank of England is set to delay the unwinding of quantitative easing to encourage greater stability in gilt markets.

The FTSE 100 will open at 8am. Among UK companies with reports and updates are Bellway, Frasers, Jet2, Moneysupermarket.com, 888, Lookers, essensys and PageGroup. Read the Tuesday 18 October Business Live blog below.

> If you are using our app or a third-party site click here to read Business Live

This post first appeared on Dailymail.co.uk

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