BCC

The Bank of England (BoE) today held interest rates at a record low as concerns about sluggish growth outweigh worries over high inflation.

The first-quarter rebound in the UK economy was weaker than expected, a survey suggests, adding to a growing consensus the Bank of England should again delay raising interest rates this week.

The Bank of England will raise interest rates from their historically low levels in May, the British Chambers of Commerce (BCC) predicts.

UK economic growth slowed towards the end of 2010, according to figures from the British Chamber of Commerce (BCC), sparking fears a recovery is faltering.

The Monetary Policy Committee (MPC) must inject a further £50bn into Britain's fragile economy to stave off a double-dip recession, the British Chamber of Commerce warns.

The British Chamber of Commerce (BCC) says the UK economy continued to grow in the second quarter of this year, but warns the country must not "kid" itself the recovery is secure.

The British Chamber of Commerce (BCC) warns the Government's planned rise in CGT on non-business assets would hit firms' assets too.

The UK's economy continued to grow in the first quarter, avoiding a double-dip recession, but the recovery remains weak, warns the British Chambers of Commerce (BCC).

A survey of 5,400 businesses by the British Chambers of Commerce (BCC) concluded that while improvements were evident in some parts of the economy, momentum was not sufficient to drive a recovery in the final three months of the year.

A UK recession is already well underway and the Government needs to slash interest rates immediately to avoid "huge damage" to the economy, the British Chambers of Commerce (BCC) warns.