CITY VIEWS: WHEN DO YOU THINK INTEREST RATES WILL GO BACK UP?
ERIC TARTERET | SOCIETE GENERALE
“Interest rates in the UK will go up within the next six to eight months, but they won’t rise by much, maybe a quarter of a point. The UK services sector, including financial services, is strong, while the export industry is reporting good
figures.”
SARAH WEBSTER | NORTON ROSE
“Interest rates are likely to stay low for some time. I would expect that the Bank of England will wait until the spending review to make any further moves because a rise now will cause undue nervousness and it is safer to
wait.”
KAPIL KUMAR | ACN CONSULTING
“Interest rates are likely to rise soon, perhaps in the next few months. I think the new government will push for a rise in interest rates because it is beneficial to the economy to do so.”