Birmingham business leaders have backed the Bank of England’s decision to hold interest rates at 0.5 per cent, saying it will help economic recovery in the West Midlands.Read
The rate of inflation fell to a 14-month low last month and is expected to hit the Government's 2% target by the end of the year in a further sign that the crippling consumer spending squeeze is loosening its grip.Read
West Midland business leaders have welcomed the Bank of England’s decision to extend its quantitative easing (QE) programme by £50 billion to £325 billion.Read
City business leaders called on the Bank of England to pump another £50 billion into the economy after it emerged economic activity shrank in the final quarter of last year, raising fears the UK faces another recession.Read
Two of the region’s chambers of commerce are calling on the Bank of England to keep interest rates at their current low level to help stimulate growth.Read
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