Welcome for Bank's Decision to Leave Rates

Summary


Business leaders in the West Midlands welcomed the Bank of England Monetary Policy Committee's decision to leave interest rates unchanged.

And, though many pundits think rates could yet hit five per cent, Birmingham Chamber of Commerce is looking for a reduction rather than a rise.

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Extract


Welcome for Bank's Decision to Leave Rates

Chamber president David Grove said: 'Costs in the manufacturing industry continue to rise significantly because of raw material price increases and the escalation of energy...

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