The Bank of England makes its next interest rate decision on Thursday but no one is expecting a cut from the current 5.25%. Markets put almost zero chance of a rate cut, which would only bring more pain to millions of mortgage holders, house hunters and borrowers. The monetary policy committee (MPC) is expected to keep the key rate unchanged at a 16-year high of 5.25%, where it’s been since August, but investors are keen to see if any other member will vote for a rate cut. At the last meeting in March, just one member of the MPC, Swati Dhingra, voted for rates to be cut by 0.25 percentage points, but the remaining eight members voted for no change. Importantly, no one voted for a hike. Investec's chief economist Philip Shaw said, "This broad direction illustrates that collectively the committee is moving gradually towards a rate cut." Shaw also said the possibility of another MPC member joining the "easing camp" and voting for a rate decrease on Thursday. BoE deputy governor Dave Ramsden last month raised the prospect of a lower inflation forecast when the central bank sets out its latest projections. Read more: UK house prices rise despite...