The Bank of England has held its base rate at 4.75% – as many analysts had predicted.
The Bank’s Monetary Policy Committee voted to keep the rate the same by a majority of 6-3.
Deputy governor Dave Ramsden, alongside Swati Dhingra and Alan Taylor, were outvoted in calling for a cut to 4.5%.
Read more: https://news.sky.com/story/money-personal-finance-guinness-blog-live-sky-news-13040934
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