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Chamber of commerce backs interest rates move

THE business community in the West Midlands has the decision by the Monetary Policy Committee (MPC) to keep interest rates at a record low of 0.5 per cent, warning that the fragile economy could not afford to suffer a setback.

THE business community in the West Midlands has the decision by the Monetary Policy Committee (MPC) to keep interest rates at a record low of 0.5 per cent, warning that the fragile economy could not afford to suffer a setback.

Steve Brittan, president of Birmingham Chamber of Commerce (BCC) said that overall business conditions remain generally positive. He said: “We daily hear of new contract wins and business success stories from members.

 

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