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London's FTSE 100 drops slightly as the Bank of England holds rates

30 July 2026 · in 80 words

London's FTSE 100 drops slightly as the Bank of England holds rates

The leading UK stock index finished 0.1% lower, ending Thursday at 10,897.27 points after retreating from a daytime record. The central bank left borrowing costs alone to check if the war in Iran pushes up everyday consumer prices. Pest control business Rentokil saw its shares fall 20.6% over North American struggles, but engineering firm Rolls-Royce rose 6% following upgraded annual forecasts.

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