The Bank of England’s Monetary Policy Committee has voted to keep base rate on hold at its current level of 5.25 per cent by a margin of 6-to-3.
Two members preferred to increase Bank Rate by 0.25 percentage points to 5.5 per cent.
The FTSE 100 is up 0.5 per cent in afternoon trading. Among the companies with reports and trading updates today are Shell, BT, AG Barr, Phoenix Group and GSK. Read the Thursday 1 February Business Live blog below.
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