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Interest stall brings relief

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Published Date: 08 February 2007
HOME owners and businesses breathed a sigh of relief as the Bank of England today pegged interest rates.
The Bank's Monetary Policy Committee (MPC) voted to keep rates at 5.25 per cent - following last month's surprise quarter per cent rise.

Graham Birse, deputy chief executive for the Edinburgh Chamber of Commerce, said businesses were relieved at the Bank's decision.

He said: "We welcome this break for business."



The full article contains 72 words and appears in Edinburgh Evening News newspaper.
Page 1 of 1

  • Last Updated: 08 February 2007 1:27 PM
  • Source: Edinburgh Evening News
  • Location: Edinburgh
  • Related Topics: Interest rates , Inflation
 
 

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