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March 29 2024 12.32am

Interest rates up first time in a decade

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View Sheks Crows Eye's Profile Sheks Crows Eye Flag Virginia 02 Nov 17 1.22pm Send a Private Message to Sheks Crows Eye Add Sheks Crows Eye as a friend

Thoughts? Implications with regards to Brexit..

 

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Yellow Card - User has been warned of conduct on the messageboards View Hrolf The Ganger's Profile Hrolf The Ganger Flag 02 Nov 17 1.39pm Send a Private Message to Hrolf The Ganger Add Hrolf The Ganger as a friend

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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View Lyons550's Profile Lyons550 Flag Shirley 02 Nov 17 1.44pm Send a Private Message to Lyons550 Add Lyons550 as a friend

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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View Stuk's Profile Stuk Flag Top half 02 Nov 17 1.58pm Send a Private Message to Stuk Add Stuk as a friend

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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View Midlands Eagle's Profile Midlands Eagle Flag 02 Nov 17 2.04pm Send a Private Message to Midlands Eagle Add Midlands Eagle as a friend

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 Flag Croydon 02 Nov 17 2.10pm

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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View Kermit8's Profile Kermit8 Flag Hevon 02 Nov 17 2.13pm Send a Private Message to Kermit8 Add Kermit8 as a friend

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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View martin2412's Profile martin2412 Flag Living The Dream 02 Nov 17 2.20pm Send a Private Message to martin2412 Add martin2412 as a friend

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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View steeleye20's Profile steeleye20 Flag Croydon 02 Nov 17 2.21pm Send a Private Message to steeleye20 Add steeleye20 as a friend

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 Flag Shizzlehurst 02 Nov 17 2.23pm

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.


I thought it had been the same rate for years.

 

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View Stuk's Profile Stuk Flag Top half 02 Nov 17 2.32pm Send a Private Message to Stuk Add Stuk as a friend

Originally posted by nickgusset


I thought it had been the same rate for years.

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 Flag Croydon 02 Nov 17 2.42pm

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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