BUSINESS LIVE: BoE to delay QT bond sell-off; Bellway on weaker demand

BUSINESS LIVE: Pound jumps on BoE quantitative tightening delay reports; Bellway flags weaker demand; Frasers’ MySale offer becomes unconditional

The pound has extended gains in early trading after reports suggested the Bank of England is set to delay the unwinding of quantitative easing to encourage greater stability in gilt markets.

The FTSE 100 will open at 8am. Among UK companies with reports and updates are Bellway, Frasers, Jet2,, 888, Lookers, essensys and PageGroup. Read the Tuesday 18 October Business Live blog below.

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