The Bank of England Monetary Policy Committee (MPC) did not vote unanimously last month to maintain the Bank Rate at 0.5%.

Seven members of the Committee (the Governor, Charles Bean, Paul Tucker, Spencer Dale, Paul Fisher, David Miles and Martin Weale) voted in favour of the proposition.

Two members of the Committee voted against the proposition. Adam Posen preferred to maintain Bank Rate at 0.5% and increase the size of the asset purchase programme by £50 billion to a total of £250 billion. Andrew Sentance preferred an increase in Bank Rate of 25 basis points, and to maintain the size of the asset purchase programme at £200 billion.