The Bank of England’s Monetary Policy Committee has revealed a 25 basis point hike in base rate to 4.5 per cent. 

The FTSE 100 is up 0.1 per cent in midday trading. Among the companies with reports and trading updates today are ITV, Wood Group, Grainger, Rolls-Royce, S4 Capital, Man Group and JD Sports. Read the Thursday 11 May 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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