Responding to today’s decision by the Bank of England to freeze interest rates, Unite general secretary Sharon Graham said:

 

“The Bank of England’s decision is wrong. High interest rates are a weight on the backs of workers. They boost lenders’ profits, while pushing up mortgages and rents, and increase the strain on our struggling industries.”

 

ENDS

 

Notes to editors

 

For media enquiries ONLY please contact Unite senior communications advisor Barckley Sumner on 07802 329235.

 

Email: barckley.sumner@unitetheunion.org

 

Twitter: @unitetheunion Facebook: unitetheunion1 Instagram: unitetheunion Web: unitetheunion.org

 

Unite is the UK and Ireland’s leading union fighting to protect and advance jobs, pay and conditions for members working across all sectors of the economy. The general secretary is Sharon Graham.