Interest rates

Most members agree hike is imminent

Concerns about US rate rise impact on EMs

Follows dovish November Inflation Report

McCafferty remains only member to vote for a hike

First official forewarning of a possible increase since '99 says former economist

Governor of the Bank of England Mark Carney has warned British mortgage borrowers to prepare for higher interest rates - but to hopeful savers he said a rise is not guaranteed.

Investors want short duration

UK interest rates could need to be cut further to support growth and return inflation to target, the Bank of England's chief economist has said.

Global concerns weighed on decision

National Savings & Investment (NS&I) is to cut the interest rate on its easy-access Direct ISA to 1.25%, a move experts said was a "bitter blow to savers" and further called into question the value of cash products.