US EditionInterest Rate Cuts Would ‘Boost Growth’, Businesses Tell Bank
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Interest rate cuts would ‘boost growth’, businesses tell Bank
Further interest rate cuts by the Bank of England would get consumers to spend more and boost the economy in the coming months, business leaders have said after UK GDP grew by 0.7 per cent in the first three months of the year. Economists at the Confederation of British Industry (CBI) and the Institute of Directors (IoD) have suggested that a lowering in the cost of borrowing would allow the UK economy to continue on its high-growth run in the …
·London, United Kingdom
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