monetary policy committee

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Only one MPC member voted for cut in interest rate

The minutes of the latest Monetary Policy Committee meeting show just one of the nine members of the committee voted to reduce the interest rate when they met at the beginning of December.

clock 22 December 2005 •

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BoE increases base rate to 4.25%

The Bank of England's Monetary Policy Committee has increased the UK base interest rate to 4.25%, as anticipated by the City.

clock 06 May 2004 •