6 June 2001, 15:51  UK TUC says disappointed by BoE decision to hold rates

LONDON (AFX) - The TUC said the Bank of England Monetary Policy Committee's decision to leave interest rates at 5.25 pct is "disappointing" news for manufacuring in Britain. TUC senior economist, Ian Brinkley said: "British manufacturing badly needs a cut in rates to restore confidence." "The Bank is taking an unnecessary risk when the global economic outlook is so uncertain," he added.

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