FTSE slips as bank, defence stocks fall; BoE delivers first rate hike in 3 years

Britain's FTSE ​100 slipped on Thursday as losses in bank ​and defence stocks weighed, while the ‌Bank ​of England raised interest rates for the first time in more than three years. The FTSE 100 index closed 0.43% lower at 10,782.66 after touching a ‌near three-month high earlier in the session, while the FTSE 250 was down 0.86% on the day after hitting an all-time high.