UK interest rate cut this summer ‘possible’ says BoE deputy governor, as house asking prices hit record – as it happened

The Bank of England building in London this month Photograph: Tolga Akmen/EPA

3.11pm BST

Closing post

Time to wrap up… here are today’s main stories:

2.53pm BST

It’s been a fairly lacklustre day’s trading in London, where the FTSE 100 index is up just 6 points or 0.08% today.

Precious metals producer Fresnillo is the top FTSE 100 riser, up 4%, even though the gold price has slipped back from this morning’s record high.

Budget airline easyJet are the top faller, following rival Ryanair’s prediction that its fares may not rise this summer.