Interest rates must be raised in ‘small and well spaced quarter point steps’, says Eversheds
Bruce Dear, head of London real estate at Eversheds, has commented on the prospect of interest rates rising in 2014.
‘Since 2008, the UK economy has been supported by a zimmer frame of 300-year low interest rates. With recovery under way, the trick is to raise rates in small and well-spaced quarter point steps.
‘Pull the cheap money crutch away too suddenly and the economy may not be strong enough to walk alone. For Mr Carney, this appears to be more a case of nursing rather than ice hockey.’
News from Eversheds
News from The Lawyer
Briefings from Eversheds
The Court of Justice of the European Union has recently given another decision on the subject of age discrimination and justification.
On 1 December 2014, we are expecting legislation to come into force that will give effect to the new shared parental leave regime.
Analysis from The Lawyer
Which firms are cutting it in this era of slimline rosters, and who are the GC new brooms making clean sweeps? The Lawyer can reveal all
A new breed of lawyer is smoothing the path for companies entering emerging or unstable jurisdictions