BUSINESS LIVE: BoE base rate decision; ITV eyes ad market recovery; John Wood rejects takeover offer

The Bank of England will at midday publish its Monetary Policy Committee’s latest decision on UK interest rates. Market forecasters expect the bank to hold base rate at its current level of 5.25 per cent. 

The FTSE 100will open at 8am. Among the companies with reports and trading updates today are ITV, Wood Group, BAE Systems and Hipgnosis. Read the Thursday 9 May Business Live blog below.

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