The FTSE 100 finished the day down 11 points at 10,897 after earlier in the session hitting a record intraday high. "At the headline level, energy prices led the bulk of the drag, as we had forecast." Energy prices have spiked, reigniting concerns over a more lasting impact on inflation." "The Committee judges that it is appropriate to maintain Bank Rate at this meeting. Order intake increased to £16.4 billion from £13.2 billion, leaving BAE with a record backlog of £84 billion.