Friday, February 8, 2008

News: Interest rate cut not by enough, says Rotherham business


As the Bank of England announced a cut in interest rates for the second time in three months to 5.25% amid growing signs of a slowdown in the economy and a cooling housing market, Master Cutler Gordon Bridge of Rotherham firm, AESSEAL voiced his concerns in The Star. "We need to be supporting our exporters more. A weaker pound would encourage proper returns for exporting manufacturers." We also need to continue encouraging innovation, research and development and capital investment by the thriving businesses in this area and the cost of money is still to high."
The Star article


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