Earlier rate rise may be needed, warns CBI – Telegraph.co.uk

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Telegraph.co.ukEarlier rate rise may be needed, warns CBITelegraph.co.ukLondon house prices have risen 25pc on their 2008 high, fueling speculation of a bubble. While housing transactions are currently running at 30pc below their 2006 peak and, nationwide, prices remain around 2pc down on 2006, the market is picking up pace …CBI warns political interference could threaten recoveryThe Times (subscription)UK interest rates to rise from early-2015: CBICNBC.comCBI predicts rate rise to 0.75% in early…Earlier rate rise may be needed, warns CBI – Telegraph.co.uk

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