The Bank of England’s Monetary Policy Committee is expected to hike interest rates later today. Market pricing is currently leaning towards a 25 basis point hike to 5.25 per cent, but some forecasters predict the MPC will instead opt for a bigger 50bps hike to 5.5 per cent.
The FTSE 100 will open at 8am. Among the companies with reports and trading updates today are Next, Rolls-Royce, London Stock Exchange, Pets at Home, Bupa, Shaftesbury Capital, Smith & Nephew and Belvoir Group. Read the Thursday 3 August Business Live blog below.
> If you are using our app or a third-party site click here to read Business Live