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Evening Standard
Evening Standard
Business
Graeme Evans,Michael Hunter and Daniel O'Boyle

FTSE 100 Live 1 February: Stocks close lower after Bank of England interest rate hold, BT shares fall

The Bank of England held its interest rates as expected, after a three-way voting split with two votes for a hike and one for a cut.

Markets are focused on when interest rates will begin to fall after the Federal Reserve last night dashed hopes of a March cut.

Meanwhile, traders focused on the latest profits haul at Shell as well as updates by Glencore, BT and savings business Phoenix.

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