Monday, April 4, 2011

No pressure guys, we have portfolios of flats too

Industry pleads with Bank of England not to raise rates this week

"Industry is urging the Bank of England's Monetary Policy Committee (MPC) to leave rates on hold at Thursday's decision-making meeting". "Lee Hopley, the EEF chief economist, said: "The full extent of fiscal tightening has yet to make its mark and growth is dependent on a pick-up in private sector contributions from trade and investment". The European Central Bank is also due to decide on rates this week and a hike there is thought likely.

Posted by alan @ 10:01 PM (1396 views)
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2 thoughts on “No pressure guys, we have portfolios of flats too

  • Time to take the medicine. At long last.

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  • letthemfall says:

    Savers plead with BoE to raise rates.

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