This article is from the source 'bbc' and was first published or seen on . It last changed over 40 days ago and won't be checked again for changes.

You can find the current article at its original source at http://www.bbc.co.uk/news/business-30912227

The article has changed 4 times. There is an RSS feed of changes available.

Version 1 Version 2
Pound slips after Bank minutes Pound slips after Bank minutes
(about 4 hours later)
(Noon): The pound slid on news that all Bank of England policymakers voted to hold rates this month, pushing back expectations of when rates will rise. (Close): The pound slid on news that all Bank of England policymakers voted to hold rates this month, pushing back expectations of when rates will rise.
In recent months, Martin Weale and Ian McCafferty have voted to raise rates, but the switch means analysts no longer expect a rate rise this year.In recent months, Martin Weale and Ian McCafferty have voted to raise rates, but the switch means analysts no longer expect a rate rise this year.
The pound fell 0.2% against the dollar to $1.5116 and dropped 0.42% against the euro to €1.3058. The pound fell 0.26% against the dollar to $1.5105 and dropped 0.46% against the euro to €1.3053.
The benchmark FTSE 100 index was up 44.70 points at 6,664.80 . The benchmark FTSE 100 index was up 107.94 , or 1.63%, 6728.04.
Commenting on the Bank's vote, Martin Beck, senior economic adviser to the EY Item Club, said: "Today is a confirmation that there is very little prospect of any rate hike this year with the two arch hawks of the MPC voting to maintain the status quo.Commenting on the Bank's vote, Martin Beck, senior economic adviser to the EY Item Club, said: "Today is a confirmation that there is very little prospect of any rate hike this year with the two arch hawks of the MPC voting to maintain the status quo.
"We have been predicting that the first rate rise will come in Q1 next year, but that could now be even later.""We have been predicting that the first rate rise will come in Q1 next year, but that could now be even later."
On the stock market, Pearson shares rose 4.6% after the firm - which publishes the FT - said earnings for 2014 would be at the top end of forecasts, while earnings this year were expected to rise. On the stock market, the top gainer was First Group with a gain of 7%.
SABMiller shares rose 1.6% after the brewing giant reported an increase in third quarter sales. Pearson shares rose 5% after the firm - which publishes the FT - said earnings for 2014 would be at the top end of forecasts, while earnings this year were expected to rise.
Shares in Dixons Carphone made a strong start to the day following its latest update, but then gave up some of their early gains to be 0.8% higher by lunchtime. SABMiller shares rose 3% after the brewing giant reported an increase in third quarter sales.
Shares in Dixons Carphone made a strong start to the day following its latest update, but then gave up the gains to be 0.5% lower by the close of play.
The company reported a 7% in like-for-like sales in the nine weeks to 3 January, and now expects to report full-year pre-tax profits of £355m to £375m, above its previous forecast of £354m.The company reported a 7% in like-for-like sales in the nine weeks to 3 January, and now expects to report full-year pre-tax profits of £355m to £375m, above its previous forecast of £354m.
Shares in Sports Direct fell 4.5% after the retailer's founder, Mike Ashley, reduced his stake in the company to 55%. Shares in Sports Direct fell 6% after the retailer's founder, Mike Ashley, reduced his stake in the company to 55%.