UK interest rate cuts ‘in play’, says BoE governor, as retail sales stall amid bad weather – business live

UK interest rate cuts ‘in play’, says BoE governor, as retail sales stall amid bad weather – business live

Rolling coverage of the latest economic and financial news

The weaker pound is helping to push share prices up in London.

The FTSE 100 index of blue-chip shares has risen over 7,900 points for the first time since last April, up 25 points this morning at 7,907.

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