Zombie loans and a £300bn cushion: inside the Bank of England rates dilemma
- Written by The Conversation
Mind the gap: Britain will need to raise rates with care.Howard Lake, CC BY-SAWhen the men and women of the committee which sets UK interest rates get together these days, they are dealing with a deceptively simple question. Rates will go up, but how far and how fast? Their answer will decide the fate of a fragile recovery.
The UK economy is...







