Religion and Ethics Forum

General Category => Politics & Current Affairs => Topic started by: Nearly Sane on November 02, 2017, 05:24:56 AM

Title: Interest Rate Rise?
Post by: Nearly Sane on November 02, 2017, 05:24:56 AM

Extraordinary that they have been at this level for 10 years


http://www.bbc.co.uk/news/business-41837536

Title: Re: Interest Rate Rise?
Post by: Nearly Sane on November 02, 2017, 12:46:54 PM

And so base rate increased by 100%  ;)
The growth rate though at 1.5% is not cheering

http://www.bbc.co.uk/news

Title: Re: Interest Rate Rise?
Post by: floo on November 02, 2017, 01:34:53 PM

I can remember when interest rates went up to 17%, which was a bit eye watering as we had a substantial mortgage in those days.

Title: Re: Interest Rate Rise?
Post by: Harrowby Hall on November 02, 2017, 03:16:48 PM

Quote from: Floo on November 02, 2017, 01:34:53 PM

I can remember when interest rates went up to 17%, which was a bit eye watering as we had a substantial mortgage in those days.

Indeed.

This increase doesn't exactly motivate me to move my modest savings.