A BUSINESS leader has welcomed the Bank of England's latest decision to hold interest rates at four per cent.
Mr Andrew Ratcliff, chief executive of Bolton and Bury Chamber, said: "Local businesses, particularly manufacturers, will welcome this move. While consumer confidence is still low, high street sales are falling and prices are static, this is a prudent measure.
"Keeping interest rates on hold will make it easier for manufacturers to invest in new equipment and develop their operations."
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