There has been much legitimate talk about the competitive threat posed to the developed world by the soaring growth of industries in China and India. Of course they are a challenge, but they also represent a huge opportunity. |
This cut will be a catalyst for growth and will provide an essential boost to consumer and business confidence. The bank will want to keep a watchful eye on the economy as a further cut might be necessary later in the year. |
This was the decisive move that business wanted to give our economy a much-needed shot in the arm. |
We want certainty, we want to know where to invest. We want to know where the pitch is where the goalposts are. Private companies will come and will operate them. |