ALEX BRUMMER: Growth at risk from rate rise

ALEX BRUMMER: Growth at risk from rate rise
 

Good signs: The British economy is rebalancing and manufacturing is the strongest sector of the economy
This shows that the British economy is rebalancing and manufacturing is the strongest sector of the economy.
As Ross Walker of RBS noted, we have not been able to say that since 1870. In November manufacturing output climbed by 0.6pc and it is now growing by 5.6pc.
As encouraging is the 1.6pc rise in capital goods manufacturing which suggests that business investment intentions are turning into reality.
There is concern the services sector of the economy, which is considerably larger, is... read more

 
13 January 2011 in Business, Views: 3
Source: Daily Mail
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