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Nigel Cassidy

A rise in interest rates will support regional economies, says the Darlington Building Society

Nigel Cassidy
Original Broadcast:

Share Radio Breakfast

A rise in interest rates will support regional economies, says the Darlington Building Society
Today at 12pm the Bank of England will be releasing its latest interest rate decision. It's likely that the bank's Monetary Policy Committee (MPC) will unanimously vote to hold rates at 0.25% in the face of potential economic upset from Brexit negotiations. Members of the Shadow MPC for the North East are supporting a rise in interest rates, arguing that it would be a positive move at the moment, especially for regional economies. Nigel Cassidy was joined by Christopher White, Financial Director at Darlington Building Society.

Guest: Christopher White