LIVE TRADING: BofE expected to cut base rate; Rolls faces a hit to its supply chain; ITV Studios continues to suffer from American attacks

The Bank of England is expected to cut interest rates again later today, despite resurgent concerns about an imminent revival of inflation pressures.

Markets expect the bank’s Monetary Policy Committee to vote in favor of another 25 basis point cut to 4.75 percent by midday.

The FTSE 100 will open at 8am Companies with trading reports and updates today include Rolls-Royce, ITV, Sainsbury’s, Taylor Wimpey, Auto Trader Group, S4 Capital and Trainline. Read the Business Live blog from November 7 below.

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