Bank of England boss says the Budget risks job losses and interest rates staying higher for longer …C0NTINUE READING HERE >>>
THE BANK OF ENGLAND governor yesterday said the Budget risked job losses and interest rates staying higher for longer.
Andrew Bailey told MPs the Bank would take a “gradual” approach to further interest rate cuts while it watches how companies react to Labour’s £25billion tax raid on businesses.
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Andrew Bailey says the Budget risks job losses and interest rates staying higher for longerCredit: EPA
Catherine Mann, of the Bank’s rate-setting committee, said she had favoured rates staying…
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