BUSINESS LIVE: Ashley Confirms He’s Quit; Bank of England rate vote looms

BUSINESS LIVE: Mike Ashley Confirms He’s Quitting As Frasers Boss; Inflation and stimulus in the spotlight ahead of the Bank of England vote; Johnson and Sunak tell City to invest for the long term

  • FTSE opens in red ahead of Bank of England vote on interest rates today
  • Ashley confirms plans to step down and hand over to his soon-to-be son-in-law
  • Johnson said he wanted a bigger share of private sector investment in UK infrastructure and start-ups
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The Bank of England’s monetary policy committee will vote on interest rates at noon today