LIVE BUSINESS: BoE to Increase Base Rate; Lloyd's of London swings towards losses

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LIVE BUSINESS: BoE Expected to Raise Base Rate to 4.25%; Lloyd’s of London Tumbles to Loss; Investment banks Cenkos and finnCap to merge Share or comment on this article:

LIVE BUSINESS: BoE Expected to Raise Base Rate to 4.25%; Lloyd’s of London Tumbles to Loss; Investment banks Cenkos and finnCap to merge

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Published: 03:37 EDT, March 23, 2023 | Updated: 03:49 EDT, March 23, 2023

At noon today, the Bank of England’s Monetary Policy Committee will publish its decision on interest rates. Markets currently expect the base rate to rise 25 basis points to 4.25 percent.

The FTSE 100 will open at 8am Companies with trade reports and updates today include Lloyd’s of London, Cenkos, finnCap, Wickes, Playtech, Crest Nicholson and C&C Group. Read the Business Live blog for Thursday, March 23 below.

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

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