Nick Reilly Quotes
These results are generally depressing and send some ominous signals. They suggest that the hoped for recovery has stalled and that manufacturing is on the brink of slipping back into decline, pushed by the strength of sterling.
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Results | Generally | Depressing | Send | Ominous |
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There is now an opportunity for the Bank of England to leave interest rates on hold, indicating that they have peaked and encouraging a decline in the exchange rate. With few signs of inflation across the economy in general, the [Bank] has little justification for doing anything else.
- Nick Reilly
