Bank of England policy makers said the U.K. economy is withstanding international pressures, while also signaling they have room to keep interest rates at a record low as inflation weakness persists. In the minutes of its October meeting, the Monetary Policy Committee weighed the risk of a further global slowdown against resilient domestic demand and consumer spending. The panel voted 8-1 to keep the key rate at 0.5 percent, with Ian McCafferty maintaining his call for an increase. “Although there remained a risk that emerging-market prospects might deteriorate further, there had so far been few signs of a material ... (full story)