News in Review Wednesday 7th August 2024 - HCR IFA
News in Review Wednesday 7th August 2024

News in Review Wednesday 7th August 2024

Last week, the Bank of England’s (BoE’s) Monetary Policy Committee (MPC) voted by a narrow majority of 5 – 4 to reduce Bank Rate by 0.25%, to 5%. Four committee members expressed a preference to maintain it at 5.25%.