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|FSB reacts to decision on UK interest rates|
|Friday, 09 October 2015|
Commenting on the Bank of England’s decision to leave interest rates on hold at 0.5%, John Allan, National Chairman for the Federation of Small Businesses (FSB), said:
“There has been plenty of speculation in the last few months about the timing of the first interest rate rise in the UK since July 2007. Against a backdrop of recent FSB research shows that business confidence is cooling, we remain of the view rates should not be raised. Small businesses will therefore welcome that the Bank has opted to leave interest rates at the current 0.5%.
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