Base rates held at 0.50pc

Sarah Davidson

December 4, 2014

This marks the 69th consecutive month where the historic low has been maintained.

The Committee also voted to maintain levels of quantitative easing at £375bn.

In the past few months the MPC voted 7-2 to hold interest rates, with Ian McCafferty and Martin Weale voting for an increase.

The minutes from the meeting will be published on 17 December.

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