The Bank of England has continued its “steady as she goes” approach to interest rates, once again opting to hold rates at 5.25 percent.
However, the Monetary Policy Committee (MPC) was not unanimous in its decision. Six members voted to hold rates level, while one voted in favour of a rate cut and two wanted to raise rates to 5.5 percent.
Nicholas Hyett, an investment manager at Wealth Club, warned that while this decision was expected, the specifics of the vo...