Bank of England voted 7-2 to hike rates to 5.00 percent
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Bank of England policymakers voted by 7-2 to raise interest rates by a quarter of a percentage point to a five-year peak of 5.00 percent, minutes of their most recent meeting have shown.
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Bank of England policymakers voted by 7-2 to keep borrowing costs steady at 5.25 percent in February, minutes of their latest meeting showed on Wednesday.
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The Bank of England is widely tipped to keep interest rates on hold at 5.25% on Thursday.
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All nine members of the Bank of  England's Monetary Policy Committee voted to cut interest rates  by a quarter-point to 5.5 percent in December and even  discussed whether slowing growth meant a bigger reduction might  be needed.
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The Bank of England (BoE) has kept its key interest rate at a five-year high point of 5.00 percent, opting against a further rise after last month's quarter-point increase.
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The Bank of England has kept interest rates unchanged at 5.25 percent, opting for a wait-and-see approach on the economy after January's surprise hike had rattled financial markets.
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The decision was widely expected, following data which showed the surge in housing prices easing. The base rate is what the Bank of England charges on loans to commercial lenders.
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The Bank of England held a key interest rate steady at 5.25 percent on Thursday.
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The Bank of England&#39;s rate-setting Monetary Policy Committee voted unanimously to leave its key base rate unchanged at 4.75pc at its last meeting on Oct 7, the central bank said today.
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Bank's main rate up to 5.75%, highest in six years.
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The Bank of England is generally expected to raise UK interest rates to 5.75% later, to help reduce inflation.
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UK interest rates have been kept on hold at 5% following the latest meeting of the Bank of England.
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The Bank of England votes to leave rates unchanged at 5.25% after its two day meeting.
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The Bank of England raised its key rate by a quarter point to 5.75 percent, while the European Central Bank left its benchmark interest rate at 4 percent.
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Bank of England (BoE) rate-setters were united in their decision to keep borrowing costs at 4.75 percent earlier this month, minutes of their most recent meeting have shown.
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Bank of England policymakers voted 9-0 in September to hold the central bank&#39;s key interest rate at 5.75 percent, according to minutes of the meeting published on Wednesday.
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The pound has stayed on the back foot as markets reevaluated rate expectations following the Bank of England's decision earlier this week to hold rates at 5.25 percent.