Rate Hike Feared

Daily PostMarch 14, 2011

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Summary


THE economic recovery could be derailed by a premature hike in interest rates, a business advisory group warned today.

Economic growth is set to remain weak during the first and second quarters of this year, while stronger prospects for GDP could fail to materialise if the Bank of England increases the base rate, according to research by accountants BDO.

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Rate Hike Feared

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