UK midcaps jump on rising rate cut prospects, upbeat earnings

(Reuters) - Shares in most domestically-focused British companies rallied on Thursday after two Bank of England policymakers unexpectedly voted for an interest rate cut, fuelling hopes of a fresh boost to the economy, while upbeat earnings updates also lent support.The FTSE 250 midcap index jumped 1.1% to just short of a one-year high, with gains across all but two sectors. The more internationally focused FTSE 100 , meanwhile, rose 0.1% to a one-month high.A sell-off in utilities and pharma..