By Chris Dorrell The FTSE 100 opened higher on Thursday morning, boosted by a strong performance from Shell, as investors awaited the latest interest rate decision from the Bank of England later today. Governor Andrew Bailey is expected to increase interest rates by 50bps to a post-financial crisis high of four per cent later today, although there is an outside chance he will opt for a small 25 basis point rise. Investors think the Bank is nearing the end of its once in a generation rate hike cycle, betting that borrowing costs will peak at under 4.5 per cent. Despite the uncertainty, London’s…
