FTSE 100 live business news
Bank of England Interest rates rose to 4.5%, the highest level since 2008 in a move heaping more pressure on homeowners.
As well as hiking rates for the 12th meeting in a row, policymakers said that inflation will remain above 5% until the end of the year and won’t hit 2% until 2025.
In today’s corporate developments, Rolls-Royce has issued an in-line trading statement while Vodafone has announced a partnership with UAE government-owned telecoms company e&.
