Interest rate rise 'should not be feared'
Britons should not fear higher interest rates, the Bank of England's chief economist has told Sky News, fuelling speculation that an increase is imminent.In an exclusive interview, Andy Haldane said that any rise in borrowing costs should be seen as a "good news story" - a sign that the economy was recovering.His comments come amid speculation that the Bank's Monetary Policy Committee will increase rates imminently.Mr Haldane said: "In the September minutes in particular, a majority of the committee - of which I am one - said that we could be nearing the point where a reduction in some degree of monetary stimulus might be warranted in the coming months."And let's be clear here: for me that would be a good news story. This would be interest rates getting back to normal, even if the new norm...