India, March 20 -- UK stocks are down slightly in cautious trade on Thursday ahead of the Bank of England's monetary policy announcement.

The BoE is widely expected to hold rates unchanged, amid signs of a slowdown, and high inflation.

The benchmark FTSE 100 is down 7.66 points or 0.09% at 8,699.00 a few minutes before noon.

Vistry Group is rising 3.7%. Experian is up nearly 3%, while Pershing Square Holdings, Diploma, Bunzl, Hiscox, Kingfisher, Rightmove, Relx, Severn Trent, Persimmon, National Grid, United Utilities and Intercontinental Hotels are up 1.5 to 2.5%.

Prudential is up more than 1% after it announced a health insurance joint venture with India-based HCL Group.

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