Minutes show BoE came close to rate increase

Minutes from the Bank of England's October Monetary Policy Committee meeting published on Wednesday 22 October showed four of the nine members, including deputy governor Andrew Large, voted for an increase in interest rates. The previous two meetings had seen the MPC vote unanimously to hold rates unchanged.

Source: Reuters

Four of the nine members of the Bank of England's Monetary Policy Committee voted against keeping interest rates steady earlier this month, preferring an immediate 25 basis

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