Summary
The Midlands' leading export organisation has called on the Government and the Bank of England to 'come clean' over interest rates.
Yesterday's decision by the Monetary Policy Committee to maintain interest rates at four per cent still left the threat of a hike in May, said Peter Mathews, chairman of the Midlands World Trade Forum, part of Birmingham Chamber of Commerce and Industry and the Black Country Chamber.See the full content of this document
Extract
Rate Confusion Not Helpful
He added: 'This really is a crazy situation. The uncertainty over interest rates and the general direction of the economy is damaging to business. Economists indicate that we will have rate rises throughout this year and while th...
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