The Bank of England’s decision to keep interest rates at 0.5 per cent for the 12th consecutive month has been given welcomed by business leaders in the West Midlands.Read
Business leaders in Birmingham unanimously agree interest rates will be held – but are calling for a cut in National Insurance payments to help firms to keep the economy on its tentative upward trend.Read
Bank of England rate-setters are expected to hold fire on further aid for a fragile UK economy this week a year after launching efforts to boost the money supply.Read
Bank of England Governor Mervyn King has kept the door ajar for further money supply-boosting measures after warning that the UK’s economic recovery was still in the balance.Read
Economists are predicting that consumer price inflation could rise as high as four per cent – although the news is unlikely to shift the Bank of England’s view that this is a transitory surge which will soon fade away.Read
