tutor2u | UK interest rate rise a sign of economic healing

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UK interest rate rise a sign of economic healing

Geoff Riley

28th September 2017

This is an important interview with Andy Haldane, the Bank of England's Chief Economist.

Haldane argues that interest rates heading north once again should be seen as a good news story - and not just for savers! It represents a stage of the economic cycle and ten years on from the financial crisis, that policy-makers believe is the opportune moment for interest rates to starting heading towards 'normal' levels, even if that new normal has changed.

Geoff Riley

Geoff Riley FRSA has been teaching Economics for over thirty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD conferences in the UK and overseas.

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