`Cut interest to stop recession'

Tuesday 04 August 1998 19:02 EDT

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`Cut interest to stop recession'

INTEREST RATES must be cut to save the manufacturing sector from recession, the Conservative leader, William Hague, said last night. In a speech to businessmen in Swansea, Mr Hague blamed the government for driving the rates up but said the spotlight would now fall on the Bank of England's Monetary Policy Committee, which meets tomorrow.

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