UK 'can grow more' before rate rise

Updated
Speculation over interest rate rise
Speculation over interest rate rise

%VIRTUAL-SkimlinksPromo%The UK economy can "grow a little further" before the interest rate may need to rise but the decision is "becoming more balanced" a member of the Bank of England's Monetary Policy Committee said.

The panel agreed last week to leave the Bank rate at 0.5%, where it has been for five years, despite rumblings that some members are edging closer to voting for a hike.

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