UK's MPC split 7-2 for steady rates in Dec

Britain's central Bank was split 7-2 in favour of leaving interest rates unchanged at 6% earlier this month, minutes of the meeting showed on Wednesday. Faced with signs of a slowing world economy, two members of the bank's monetary policy committee broke rank and voted for a rate cut for the first time since June 1999.

The stance by Deanne Julius and Sushil Wadwhani is likely to intensify speculation that the next move in UK interest rates will be downwards. Rates have been left at 6% since

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