BUSINESS LIVE: Mike Ashley confirms he’s quit as Frasers’ boss; FTSE lower ahead of Bank of England vote; Johnson tells City to invest for the long term; Rolls-Royce returns to profit
- FTSE opens in the red ahead of Bank of England vote on interest rates today
- Ashley confirms plans to step down and hand over to his prospective son-in-law
- Johnson said he wanted a greater share of private-sector investment in British infrastructure and start-ups
- Rolls-Royce returns to profit in the first half of 2021; shares up 1% in early trading
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The Bank of England’s monetary policy committee will vote on interest rates today at midday