Minutes show BoE board split on rate decision
David Blanchflower, a member of the monetary policy committee at the Bank of England, called for a rate cut at October's meeting, the minutes published on Wednesday reveal.
All of the members were expected to support the decision to hold rates at 5.75% but Blanchflower, often labelled by media commentators one of the more dovish members of the committee, said the committee's central projection for activity had already looked a little high back in August and that since then the downside risks had
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