Business · 30 July 2026
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.
Reported by Reuters · How we write briefs