Footsie stagnant ahead of interest rate announcement

London shares trod water today as investors held their breath ahead of the Bank of England’s interest rate announcement.

Footsie stagnant ahead of interest rate announcement

London shares trod water today as investors held their breath ahead of the Bank of England’s interest rate announcement.

After climbing 15 points in the first hour on a positive trading update from Royal Bank of Scotland, the FTSE 100 Index slipped back to stand 7.1 points ahead at 4711 by mid-morning.

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