The Bank of England’s (BoE) Monetary Policy Committee (MPC) has decided to keep interest rates unchanged at 4.75% in its final meeting of the year.
Six MPC members, including BoE governor Andrew Bailey, voted in favour of maintaining the current interest rate, while three members voted to trim it down by 25 basis points to 4.5%. The decisio...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here
