Allister Heath and Alpesh Patel
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City AM editor Allister Heath's call to raise interest rates

City AM editor Allister Heath said interest rates should rise, but fund manager Alpesh Patel was not convinced.

They were speaking minutes after interest rates were kept at their record low of 0.5% as the Bank of England admitted the UK's economic recovery was still too frail to withstand higher borrowing costs.

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  • 05 May 2011