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Interest rates up first time in a decade
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 Sheks Crows Eye  Virginia 02 Nov 17 1.22pm |
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Thoughts? Implications with regards to Brexit..
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 Hrolf The Ganger  02 Nov 17 1.39pm |
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Brilliant. This means that cat homes and donkey sanctuaries all over Britain will get more money. And you people who are struggling to pay your already outrageously expensive mortgages. f*** you.
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| Lyons550 Shirley 02 Nov 17 1.44pm |
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They've only gone back up to where they were 15months ago. Most people are on fixed rate mortgages anyway so they wont notice the difference...its only the beleaguered savers that would take any notice of this...not that it'd make much difference to their income.
The Voice of Reason In An Otherwise Mediocre World |
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| Stuk Top half 02 Nov 17 1.58pm |
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Should never have gone down after the referendum. That was done in light of the impending recession and end of days, which never materialised.
Optimistic as ever |
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| Midlands Eagle 02 Nov 17 2.04pm |
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Originally posted by Sheks Crows Eye
Thoughts? In the good old days interest rates always went up by 1% and came down in halves. This quarter percent is neither here nor there to the vast majority of us and as a net saver I could do with a much larger rate rise so that I get a decent return on my savings
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| hedgehog50 Croydon 02 Nov 17 2.10pm |
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Interest rates should be left to the market to establish, not be set by a Canadian doom merchant and his cronies.
We have now sunk to a depth at which the restatement of the obvious is the first duty of intelligent men. [Orwell] |
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Kermit8  Hevon 02 Nov 17 2.13pm |
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Originally posted by hedgehog50
Interest rates should be left to the market to establish, not be set by a Canadian doom merchant and his cronies. How would that work? Governments and banks have set the rate for centuries. We don't want a Zimbabwe inflation party here thankyou very much.
Big chest and massive boobs |
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| martin2412 Living The Dream 02 Nov 17 2.20pm |
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Originally posted by hedgehog50
Interest rates should be left to the market to establish, not be set by a Canadian doom merchant and his cronies. Ain't he just.
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| steeleye20 Croydon 02 Nov 17 2.21pm |
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I think 3% would be fairer and bring savers back. It would also make an impact on our binge culture, insane property prices etc. The 17% interest rate that Mrs Thatcher brought in would if repeated now, make life quite interesting !!
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| nickgusset Shizzlehurst 02 Nov 17 2.23pm |
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Originally posted by Stuk
Should never have gone down after the referendum. That was done in light of the impending recession and end of days, which never materialised.
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| Stuk Top half 02 Nov 17 2.32pm |
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Originally posted by nickgusset
So do quite a lot of people as moving a quarter of a percent is so negligible. Moreso when it's unnecessary, as it was in 2016.
Optimistic as ever |
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| hedgehog50 Croydon 02 Nov 17 2.42pm |
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Originally posted by Kermit8
How would that work? Governments and banks have set the rate for centuries. We don't want a Zimbabwe inflation party here thankyou very much. Well I suppose we are better off than the beleaguered countries in the Euro Zone like Greece and Spain who can't control their own interest rates at all and basically have to have rates that suit Germany.
We have now sunk to a depth at which the restatement of the obvious is the first duty of intelligent men. [Orwell] |
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