Unemployment falls - are higher interest rates on the horizon?

Jan 22, 2014, 12:58 PM

Latest figures from the #ONS showed unemployment fell in the three months to November to 7.1%. The level is nearing the 7% target which the Bank of England claimed it would be start considering raising the base rate of lending. We speak to Alpari's James Hughes on whether we can start to expect an interest rate rise or will Mark Carney & the MPC continue to hold them at their record 0.5% low. http://www.alpari.co.uk