David Frost
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Interest rate rise 'risky' says British Chambers of Commerce

What impact would a rise in interest rates have on the economy?

The British Chambers of Commerce - is warning an early rise in interest rates would be both "premature and risky".

The latest monthly announcement is due from the Bank of England on Thursday. The BCC is also predicting economic growth will be lower than forecast.

David Frost is director general of the British Chambers of Commerce and he told the BBC that a rise in interest rates would be ''concerning'' as the UK's export growth would be hit.

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