The Bank of England's Monetary Policy Committee (MPC) has hiked interest rates from 0.25% to 0.5%, the first interest rate rise since July 2007.
A total of seven members of the committee voted for a rise, while just two members voted for rates to remain at 0.25%. At its last meeting in September, only Ian McCafferty and Michael Saunders ...
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, 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
