oils to help sleep "Austerity has failed and will only continue to undermine our economy in the brexit negotiations," he added. When the economy overheats and inflation rises, interest rates are raised and credit tightened. When the overheated economy and inflation are under control, the interest rate is duly lowered. Interest rates are therefore one of the fundamental economic factors. Interest rates are an important financial variable in economics, and almost all financial phenomena and financial assets have more or less connection with interest rates. After last month's call for management, Multiyork, a furniture chain, is closing, and the folded grocery wholesaler Palmer&Harvey has nearly 3,000 jobs. Insurance companies have withdrawn or reduced the credit insurance of retailers, including Poundland and Maplin, that could affect the delivery of inventory. Alpesh Paleja, chief economist at CBI, said: "although sales have grown in the past few months, the basic trading conditions for retailers remain difficult. We expect that the pressures on households to actually pay will continue for a while, so retailers still face challenges. " What the central bank can do to prevent the threat to its independence becomes more transparent. They can announce the votes of individual board members on all matters related to the policy and publish the minutes without delay. They can hold more press conferences and be less trite in explaining their policies. They can avoid debate on issues far from their task. They can admit that politicians have a right to determine the central bank's mission objectives.