The Bank of England is expected to cut interest rates again later today, despite the reemergence of concerns about a looming revival in inflationary pressures.
Markets expect the bank’s Monetary Policy Committee to vote for another 25 basis points cut to 4.75 per cent at midday.
The FTSE 100 is up 0.1 per cent in early trading. Among the companies with reports and trading updates today are Rolls-Royce, ITV, Sainsbury’s, Taylor Wimpey, Auto Trader Group, S4 Capital and Trainline. Read the 7 November Business Live blog below.
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