BOE Interest rate hike could hurt 'fragile' economy, forecaster warns

The Bank of England should hold back on raising interest rates until the UK's economic prospects look brighter, according to an influential forecasting body. The EY ITEM Club argued that with growth set to remain stuck in low gear for the rest of this year and into 2018, policymakers should avoid...

BOE Interest rate hike could hurt 'fragile' economy, forecaster warns