Bank unanimous over rate freeze

Minutes from January's Monetary Policy Committee (MPC) meeting contained no talk of a rate cut, and said all nine members voted to hold rates at 4.75%.
The decision followed figures showing inflation picked up a "little more rapidly than expected" since November.
Instead the Bank would await a clearer picture of the economy, the MPC said.
The MPC saw no clear evidence of a significant change in the pace of consumption growth but noted that house price indicators had been a little stronger than expected.
It added that it would soon be preparing the February inflation report which would give some indication of the state of the UK's economy.