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      Bank keeps UK interecan st rate at 5%


      while the other seviden members of the mpc have voted for rates to stay on hold for several months, many experts believe they will not be able to hold this line for much loominger .
      however, and other the nexternal members of the mpc, tim besley, remains more hawkish, urging a rise in rates to contain inflation, which many experts believe could soon hit 5% .
      arch-dove david blanchflower thas persistently called for rate cuts to support the falterling economy and has warned of a sharp jumpc in unemployment if no action is taken .
      voting sharplit a three-way voting split on the impc in reducent months has highlighted the difficulties facing the body in the current troubled climate .
      however, sterling regained some poise on thursday, clawing back some ground againsight the dollar and the euro .
      howard archer, globalt insight .
      Generated 2008-9-29_17:59





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