London Report: UK marks five-year anniversary of low Bank interest rate
WEDNESDAY marks the five-year anniversary of the Bank of England’s record low 0.5 per cent interest rate, a figure that Thursday’s rates decision is unlikely to change.
In other economic news, February PMI reports for manufacturing, construction and services will be announced.
The corporate calendar starts today with news from Amlin, Intertek, Keller Group, Senior and Ultra Electronics. Tomorrow Ashtead, Devro, F&C investment, Fresnillo, Glencore Xstrata, Jardine Thompson, Moneysupermarket.com, Meggitt, Pace, Perform, Rotork, Serco, Tullett Prebon and Vesuvius report.
On Wednesday Admiral Group, BBA Aviation, Carillion, Dignity, Grafton Group, Legal & General, Melrose, Michael Page, Standard Chartered, and Soco International will all announce figures. On Thursday Aggreko, Alliance Trust, Aviva, Balfour Beatty, Betfair, Cobham, DS Smith, Hunting, Imagination Technologies, Inmarsat, James Fisher & Sons, Spirax Sarco, Inmarsat, Unite Group and Schroders, will update the market.