UK's FTSE 100 slipped on Monday, as beverages-related stocks lost ground after Dutch firm Heineken's dour outlook, but the benchmark was set to post strong monthly gains as cooling domestic inflation swelled risk appetite.
beat market expectations with a 44% growth in profit in its first half and said it was on course to hit annual and mid-term targets. The stock, however, erased earlier gains and was last down 0.7%.Looking ahead, the Bank of England is likely to
by a quarter-point to 5.25% on Thursday, though economists and markets see a risk of a repeat of June's surprise half-point hike as inflation remains hotter than in other big economies.
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