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LONDON MARKET EARLY CALL: Stocks seen flat ahead of BoE rate decision
Thu, 6th May 2021 06:58
(Alliance News) - Stock prices in London are seen opening marginally higher on Thursday ahead of the Bank of England s interest rate decision at midday, as voters head to the polls across the UK for local elections.
IG futures indicate the FTSE 100 index is to open 8.20 points higher at 7,047.50. The blue-chip index closed up 116.13 points, or 1.7%, at 7,039.30 Wednesday.
On what has been dubbed Super Thursday , ballots will be cast across the UK in the largest test of political opinion outside of a general election, with the future of the Labour Party and the state of the Union among the issues at play.