Digby Jones calls on MPC to cut interest rates

July 6, 2005
CBI director general Digby Jones will tonight call on the Bank of England’s monetary policy committee to cut interest rates in response to the downturn in the housebuilding market and consumer spending. The move follows the results of the Confederation of British Industry’s June survey, which found the highest proportion of retailers reporting falling sales in the survey’s 22-year history. …

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