BoE

AJ Bell shares its tips

First move in seven years

Carney hinted at monetary easing in summer

Butler oversaw scrapped banking review

Regulator was added to government's £10bn cost-cutting target

The Bank of England Monetary Policy Committee (MPC) has voted 8-1 to hold rates at 0.5%, predicting that inflation would stay below 1% until the second half of next year.

Our weekly heads-up on the stories that may have caught your clients' attention over the weekend...

Sterling slumped against the US dollar after the Bank of England's chief economist Andy Haldane said the UK has an equal chance of seeing a rate cut as a rate hike, contrary to consensus expectations.

The Bank of England may have to resort to the interest rate cut that Governor Mark Carney alluded to in his Inflation Report speech this morning, according to some market watchers.

Net lending to individuals increased by just £0.9bn in March, lower than both February's increase and the six-month average, according to Bank of England figures.