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.

Thu, 09 Dec, 2004 - 11:41

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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