BUSINESS LIVE: BoE hikes base rate to 4.5%; ITV ad revenue slips 10%

BUSINESS LIVE: Bank of England hikes base rate to 4.5%; ITV ad revenue slips 10%; Wood Group sales jump; Rolls-Royce on track

Published: 02:41 EDT, 11 May 2023 | Updated: 07:46 EDT, 11 May 2023

The Bank of England’s Monetary Policy Committee has revealed a 25 basis point hike in base rate to 4.5 per cent.

The FTSE 100 is up 0.1 per cent in midday trading. Among the companies with reports and trading updates today are ITV, Wood Group, Grainger, Rolls-Royce, S4 Capital, Man Group and JD Sports. Read the Thursday 11 May Business Live blog below.

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BUSINESS LIVE: BoE hikes base rate to 4.5%; ITV ad revenue slips 10%

BUSINESS LIVE: Bank of England hikes base rate to 4.5%; ITV ad revenue slips 10%; Wood Group sales jump; Rolls-Royce on track

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