The FTSE 100 closed up 67.35 points at 8272.46. The Bank of England’s Monetary Policy Committee voted by a margin of seven-to-two to keep interest rates at 5.25 per cent. Two members of the MPC voted to reduce the base rate by 0.25 percentage points to 5 per cent.
Among the companies with reports and trading updates today are NatWest, Sainsbury’s, YouGov and Tate & Lyle. Read the Thursday 20 June Business Live blog below.
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FTSE 100 closes up 67.35 points at 8272.46
Looming election a ‘get out of jail card for the BoE’
Here’s what the Bank’s MPC had to say
‘We still believe rate cuts remain firmly in view with at least one rate cut before the end of the year’
Breaking:Bank of England holds base rate at 5.25%
YouGov shares plummet 30% after profit warning
‘The acquisition allows NatWest to diversify its offerings and tap into Sainsbury’s established customer base’
Tate & Lyle agrees to buy ‘mouthfeel’ ingredients maker CP Kelco
Sainsbury’s will PAY NatWest £125m to take on the bulk of its banking arm
Market open: FTSE 100 flat; FTSE down 0.1%
Blow for borrowers as summer interest rate cut hopes fade despite inflation falling
Bankers bonanza as JP Morgan lifts bonus cap to ten times an employee’s base salary
Tate & Lyle eyes US takeover
YouGov profit warning
Hargreaves Lansdown’s co-founder ‘bittersweet’ over £5.4bn sale to private equity consortium
NatWest to buy Sainsbury’s Bank assets
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