BUSINESS LIVE: BoE hikes base rate to 3.5%; Currys slashes profit forecast; Renewables demand lifts Drax Group earnings expectations

By Live Commentary

Published: 07:34 GMT, 15 December 2022 | Updated: 12:20 GMT, 15 December 2022

The Bank of England’s Monetary Policy Committee has voted by a margin of 6-3 to hike interest rates by 50 basis points to 3.5 per cent. 

The FTSE 100 is down 0.5 per cent in midday trading. Among the companies with reports and trading updates today are Currys, Drax, Serco, Asos and RWS. Read the Thursday 15 December Business Live blog below.

> If you are using our app or a third-party site click here to read Business Live

:

POPULAR MONEY SECTIONS
Take me to…

***
Read more at DailyMail.co.uk