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British central bank keeps interest rate on hold, beating expectations

The Bank of England (BoE) Thursday decided to keep its main interest rate, or Bank Rate, unchanged at 0.5 percent, despite speculation it would cut rates.

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BoE policy makers split on raising bank rate

Britain moved perceptibly closer to a rise in the Bank Rate with the first split vote among Monetary Policy Committee (MPC) members for three years on whether to increase the current 0.5 percent rate.