(Bloomberg) -- U.K. stocks erased losses, leaving the benchmark index little changed, as investors weighed corporate earnings and the Bank of England left its benchmark rate and asset-purchase plan unchanged.

Schroders Plc lost 3.2 percent after Canaccord Genuity Ltd. cut its rating on the money manager after it reported third- quarter results. Randgold Resources Ltd. rallied 8 percent after reporting quarterly profit that beat analysts’ estimates. Tate & Lyle Plc added 1.8 percent posting better-than-projected first- half revenue.

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