I can’t wait to see the minutes of yesterday’s MPC vote. Are we really expected to believe that this was a free vote - given the concerted nature of interest rate cuts around the world. Was there any vote at all? Was it unanimous for a 50 basis points cut? Were members told (by Mervyn King) they should vote for it? No doubt about it; the integrity of the monetary policy committee is today under question; or should be.

Back to Westminster Blog homepage
Jim Pickard and Alex Barker, FT Westminster correspondents, share the latest news and gossip from the UK's political scene.
Alex Barker
Jim Pickard