Industry criticises decision to hold interest rates at 5.75%

Nov. 9, 2007
The Bank England Monetary Policy Committee’s (MPC) decision to hold interest rates at 5.75% has been criticised by industry pundits, who have called for a cut. Allied Surveyors chief executive Robert Bryant-Pearson said a reduction would have been beneficial in light of ongoing market uncertainties. "Given the current climate, I firmly believe that there should have been a reduction in …

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