Responding to the Bank of England interest rate hold, MUNIYA BARUA, DEPUTY CHIEF EXECUTIVE at 91, said:
“Whilst the Bank’s decision to hold rates comes as no surprise, all eyes will now be on the Chancellor to use his Spring Budget to breathe life into a flatlining economy. Restoring VAT-free shopping on goods for international visitors would be a quick win for business, the economy and the Exchequer. Providing a long-term funding settlement for Transport for London and delivering more affordable housing would also help the capital meet the demands of a growing population.”