The pressure may be piling up on the Bank of England's Monetary Policy Committee to cut rates follow...
The pressure may be piling up on the Bank of England's Monetary Policy Committee to cut rates following the Confederation of British Industry's report warning of stuttering manufacturing output, but evidence from the British Bankers' Association and the Royal Institute of Chartered Surveyors instead suggests the economy, and the housing market in particular, is continuing to hum along. Earlier this week the MPC released minutes of its last meeting held two weeks ago, which some have interpreted as leaving the door open to further interest rate cuts. The bank says consumption a...
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