Finance

BUSINESS LIVE: BoE to hike base rate; Lloyd's of London swings to loss

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BUSINESS LIVE: BoE expected to hike base rate to 4.25%; Lloyd’s of London slumps to a loss; Investment banks Cenkos and finnCap to merge

By Live Commentary

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At midday today the Bank of England’s Monetary Policy Committee will publish its interest rate decision. Markets currently expect the base rate to be hiked by 25 basis points to 4.25 per cent. 

The FTSE 100 is down 0.8 per cent in early trading. Among the companies with reports and trading updates today are Lloyd’s of London, Cenkos, finnCap, Wickes, Playtech, Crest Nicholson and C&C Group. Read the Thursday 23 March Business Live blog below. 

> If you are using our app or a third-party site click here to read Business Live 

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source: dailymail.co.uk