Bank of England boss says the Budget risks job losses and interest rates staying higher for longer ...Middle East

The Sun - Sport
Bank of England boss says the Budget risks job losses and interest rates staying higher for longer
source : The Sun ( Middle East ) () 88
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. EPAAndrew Bailey says the Budget risks job losses and interest rates staying higher for longer[/caption] Catherine Mann, of the Bank’s rate-setting committee, said she had favoured rates staying high as she was concerned the Budget could lead to higher inf

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