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North left cold.

Series: Financial Times ; 13 September 1999, 12(1)Publication details: 1999Subject(s): Summary: Economists have warned that the Bank of England's decision to raise the interest rate could widen the north-south split. Unemployment is a major factor - in the Midlands, Wales and Scotland it has continued to rise steadily whilst in London and the south-east it has fallen. A rise in interest rates could cause unemployment to rise to 10.2% by 2002 in the north-east.
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Item type Current library Call number Copy number Status Barcode
News article London News article WB3536-12 (Browse shelf(Opens below)) 1 Available 102694-1001

Economists have warned that the Bank of England's decision to raise the interest rate could widen the north-south split. Unemployment is a major factor - in the Midlands, Wales and Scotland it has continued to rise steadily whilst in London and the south-east it has fallen. A rise in interest rates could cause unemployment to rise to 10.2% by 2002 in the north-east.