By David Milliken and Andy Bruce LONDON (Reuters) - Bank of England policymakers broke ranks over interest rates for the first time in three years this month, when two unexpectedly voted to tighten policy and revived speculation about a 2014 rate hike. Former academic Martin Weale and business economist Ian McCafferty both voted to raise interest rates to 0.75 percent from 0.5 percent, according to minutes released on Wednesday of the nine-member Monetary Policy Committee's meeting on Aug. 6-7. Their dissenting votes ended the longest period of unanimity in the MPC's 14-year history. Sterling rebounded from a four-month low and government bonds fell as expectations for an early rise in British interest rates were revived.
PHOENIX (AP) — Workers at a farm saw hundreds of cactuses sweep away in a flood. Drivers on Arizona's main north-south freeway watched in shock as muddy waters submerged the road. Rescuers across the state rushed to save people trapped in cars and homes.