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Evening Standard
Evening Standard
Jeremy Cutler

Stocks mixed but pound up after Bank of England rate cut

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Governor of the Bank of England, Andrew Bailey, is joined by the deputy governor for monetary policy, Claire Lombardelli (left), and the head of media and stakeholder engagement for the bank, Katie Martin (right), during the Bank’s financial stability report press conference (Jordan Pettitt/PA) - (PA Wire)

The FTSE 100 fell in London on Thursday, while the pound climbed, after the Bank of England lowered interest rates in a tight vote which saw hopes for further cuts this year pared.

The quarter point cut taking the bank rate to 4.00% from 4.25% was widely expected.

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