The November meeting of the Bank of England’s Monetary Policy Committee (MPC) saw the central bank maintain the Bank Rate at 4.00%. This was the second consecutive meeting that the BoE kept rates unchanged and was in line with market expectations. However, there was no unanimity within the MPC on its policy decision. The voting breakdown showed a 5:4 split among the MPC, with four members in favour of a 25bps rate cut.