Summary
Birmingham business leaders are hoping for a cut but expecting a hold ahead of the Bank of England's decision on interest rates tomorrow.
The city's chamber of commerce believes that following the recent market turmoil, companies are seeking a period of prolonged stability in order to assess the impact of the problems in the credit markets and to maintain confidence.See the full content of this document
Extract
Interest Cut Unlikely As Hold Is Predicted ; Economy
The BoE Monetary Policy Committee deciding to keep interest rates at 5.75 per cent - or indeed lowering them - would help make this possible.
Katie Teasdale, BCI policy adviser, said: "While lower interest rates will ...See the full content of this document
Sponsored links
