Traders are betting on the BoE to announce a 25 basis point (bp) rate hike at 1100 GMT, taking borrowing costs to their highest level since 2008 as the central bank battles double digit inflation. The blue-chip FTSE 100 .FTSE rose 0.4% as healthcare stocks .FTNMX201030 and consumer staples firms including Unilever Plc ULVR.L surged after the pound GBP=D3 dropped. ITV Plc ITV.L fell 3.3% and hit a nearly five-month low after the broadcaster reported a 10% drop in its total advertising revenue in the first three months of 2023.