Bank of England voted 8-1 to hold rates in May

The Bank of England's minutes from its May Monetary Policy Committee meeting released on Wednesday 18 May revealed policy makers voted 8- 1 to keep interest rates unchanged in May with Paul Tucker rejoining the majority, dropping his call for an increase.

Deputy Governor Andrew Large voted to raise the rate a quarter point to 5 per cent for a third month, according to minutes of the May 6-9 meeting, released by the bank.

``For one member the prospect for inflation was slightly lower and in the