Surprise! MPC votes to hold Bank Rate

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The Bank of England Monetary Policy Committee (MPC) has again voted for no change in Bank Rate it remains at 0.5%. It also left the amount of Quantitative Easing unchanged.

This means the Bank Rate has remained unchanged for the 22nd consecutive month.

Barry Naisbitt, chief economist at Santander UK, said: “After the three way split vote last month

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