Nov. 7 (UPI) -- The Bank of England's Monetary Policy Committee voted 7-2 to hold its bank rate at 0.75 percent Thursday in a rare split decision a little more than a month before Dec. 12 parliamentary elections.
Committee members Jonathan Haskel and Michael Saunders called for a quarter-point rate cut as Britain faced the continued uncertainty over Brexit. Mike Carney, governor of the bank, led the majority in voting to hold the line on the rate.