» Thursday, May 6, 2004

Interest rates

Asked if the Prime Minister was concerned about the rising level of interest rates, the PMS said that interest rates were a matter for the MPC. She took the opportunity to point out that Britain currently had a very strong economy, with the lowest inflation level for thirty years. In addition, the number of people in work had grown by 1.8 million in the last seven years, and unemployment was at its lowest for a whole generation. The UK also had one of the fastest growing economies in the G7.

Briefing took place at 15:45 | Search for related news

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