
Bank had considered UK rate rise
UK - The Bank of England had been considering raising interest rates this month, minutes of a key meeting have revealed.
On Tuesday 18 September, the Bank cut interest rates by 0.25 percentage points to 4.75%, following the lead of other central banks around the world, to boost confidence in the global economy.
But just two weeks before, when a meeting of the Bank's Monetary Policy Committee (MPC) decided to leave interest rates unchanged, only one committee member voted for a cut, minutes of
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