IoD: ‘Businesses will ‘appreciate stability where they can get it’ following BoE’s rate hold’
Responding to the Bank of England’s decision to hold interest rates at 0.75%, Tej Parikh, Senior Economist at the Institute of Directors, said: “After a chaotic few weeks, businesses will appreciate stability where they can get it. “The Bank is being faced with mixed signals as it assesses recent economic data. The drop in inflation and oil…