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PHS Harvest program aims to provide fresh produce to area food pantries

PHS Harvest program aims to provide fresh produce to area food pantries
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Shadow MPC argues for interest rate hold | The Northern Echo

Gary Ellis, partner at Clive Owen LLP THE North East Shadow Monetary Policy Committee (MPC) had inflation on its mind this month – but members were not inclined to increase interest rates immediately. Although there are positive signs in the economy, many felt that it was too soon to consider any change at this time. The MPC is a partnership between The Northern Echo and Clive Owen LLP, which considers the state of the region’s economy and gives experts from a variety of sectors the opportunity to argue their case for a shift, or hold, in the rate. Gary Ellis, partner at Clive Owen LLP, said: “Until the furlough scheme ends later in the year and we know the full impact of that it is too early to change interest rates.

Inflation on the mind of some North East Shadow MPC members

Gary Ellis, partner at Clive Owen LLP Inflation was on the mind of some members of the North East Shadow MPC, although only one felt now was the time for a small rise in the interest rate. The majority of members voted to hold this month. The MPC is a partnership between The Northern Echo and Clive Owen LLP, which considers the state of the region’s economy and gives experts from a variety of sectors the opportunity to argue their case for a shift, or hold, in the rate. Graham Robb, senior partner at Recognition PR, said: “I would like to see a minor increase in interest rates to head off inflation pressures and protect those on fixed income who may be relying on savings. However, I acknowledge this will cost the government a lot of money and is unlikely to happen.”

languagehat com : GHASELIG

languagehat com : GHASELIG
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