The Monetary Policy Committee is divided. In June it voted 6-3 to keep rates on hold; in May there were five votes for a 25bps cut, two for a hold and two for a 50bps cut. Once August is done, the ...

The FTSE 100 finished up 4.2 per cent for July, its best month since January, but trades down today, sitting just below the 9,100. There wasn’t much to shout about – Melrose up a lot with profits ...