Business Services Industry
Daily Mail, London, Alex Brummer Column.
Knight Ridder/Tribune Business News, February, 2004
By Alex Brummer, Daily Mail, London Knight Ridder/Tribune Business News
Feb. 4--If ever there was a moment when the Bank of England has a green light to raise interest rates, it is at the February session of the Monetary Policy Committee which starts today.
The Confederation of British Industry says it would not protest at a quarter-point rise to 4 percent [ or -] and no less a figure than Ed Balls, the Chancellor's top economic adviser, makes it clear that he would welcome a pre-emptive rise.
There is evidence that the economy is fizzing away. The CBI's retail survey shows that High Street sales were buoyant in January.
Manufacturing is recovering and the government's spending spree goes on. Given the limited amount of spare...
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