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Sentance warns against over reaction to turbulent markets

Andrew Sentance, member of the Bank of England's Monetary Policy Committee, appeared in no rush to vote to cut UK base rates from 5% when he proclaimed last night that it was important not to "over-react" to turbulence in global financial markets.

Andrew Sentance, member of the Bank of England's Monetary Policy Committee, appeared in no rush to vote to cut UK base rates from 5% when he proclaimed last night that it was important not to "over-react" to turbulence in global financial markets.