Soaring confidence attributed to Banks guidance on rates A survey - TopicsExpress

Soaring confidence attributed to Banks guidance on rates A survey by financial data firm Markit showed 57 per cent of businesses are more confident about the economy thanks to the Bank of Englands forward guidance policy on interest rates. One in 10 have brought forward capital spending plans as a result of the guidance. Markits research found that construction firms had responded most positively to forward guidance, while manufacturers had also been encouraged to accelerate spending plans. The Independent, p. 58 Also appeared in : City AM London, p.10

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