Interest rates up first time in a decade
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 Stirlingsays  06 Nov 17 3.39pm |
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Originally posted by steeleye20
Here is an example:- The PM head of an elected government is at odds with the BOE because govt policy is to represent savers and not just property owners. So the government cannot carry out its policy as the BOE sets the interest rate to the disadvantage of savers who are not powerful bankers. The new body considers both sides and decides. The Prime Minister is elected......This new body is not. I don't support putting power into unelected bodies......I suppose we can see why you favour the EU so much here. Also, you still have not solved the 'independent' problem. It's just more 'jobs for the boys'. I think I favour the current system....one of the few policies that Brown came up with that sort of works.
'Who are you and how did you get in here? I'm a locksmith. And, I'm a locksmith.' (Leslie Nielsen) |
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| steeleye20 Croydon 06 Nov 17 4.05pm |
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Originally posted by Stirlingsays
The Prime Minister is elected......This new body is not. I don't support putting power into unelected bodies......I suppose we can see why you favour the EU so much here. Also, you still have not solved the 'independent' problem. It's just more 'jobs for the boys'. I think I favour the current system....one of the few policies that Brown came up with that sort of works. 'I don't support putting power into unelected bodies'. But that's what the BOE has. Nothing to do with the EU.
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| Stuk Top half 06 Nov 17 4.14pm |
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Originally posted by steeleye20
'I don't support putting power into unelected bodies'. But that's what the BOE has. Of course it isn't anything to do with them, good job too or we would be f***ed by now. UK = Bank of England = Pounds One less thing to sort out in 2019, when the rest is nothing to do with the EU either. The EU is the place full of unelected bodies and persons. Edited by Stuk (06 Nov 2017 4.15pm)
Optimistic as ever |
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| steeleye20 Croydon 06 Nov 17 5.34pm |
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Originally posted by Stuk
Of course it isn't anything to do with them, good job too or we would be f***ed by now. UK = Bank of England = Pounds One less thing to sort out in 2019, when the rest is nothing to do with the EU either. The EU is the place full of unelected bodies and persons. Edited by Stuk (06 Nov 2017 4.15pm) There's a thread for the EU.
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| Stuk Top half 06 Nov 17 5.54pm |
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Originally posted by steeleye20
There's a thread for the EU. Wrong end of the stick on the previous post. Thought you were bringing them up, not replying to a previous mention.
Optimistic as ever |
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| rob1969 Banstead Surrey 06 Nov 17 7.29pm |
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On the thread subject of interest rates. My (now ex) ISA provider just halved interest from 1.1% to 0.51% to just coincide with the BOE base rate increase!
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| Stirlingsays 06 Nov 17 7.31pm |
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Originally posted by steeleye20
'I don't support putting power into unelected bodies'. But that's what the BOE has. Nothing to do with the EU. That's why I support the Prime Minister being able to hire and fire its members....with certain restrictions. He and his party are ultimately responsible to the taxpayers and people for the nation's economic performance. Edited by Stirlingsays (06 Nov 2017 7.33pm)
'Who are you and how did you get in here? I'm a locksmith. And, I'm a locksmith.' (Leslie Nielsen) |
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| Part Time James 07 Nov 17 5.33am |
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I am now going to pay £15 a month more interest on my mortgage. It's a flipping outrage if you ask me. Now my foolish error buying a house means I can no longer afford to get my hair poncified in a salon and will have to slum it in a barber shop. Sometimes I wish I was still renting so that things like this wouldn't have a detrimental impact on my barnet. Thanks BoE, thanks to you I'm stuck with a three bedroom semi-detached and a crap hairdo. And my savings are worth jack sh*t after a negligible interest rate for several months, so I can't even dip into my rainy day funds for a posh looking bonce.
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| Stirlingsays 07 Nov 17 6.02am |
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Originally posted by Part Time James
I am now going to pay £15 a month more interest on my mortgage. It's a flipping outrage if you ask me. Now my foolish error buying a house means I can no longer afford to get my hair poncified in a salon and will have to slum it in a barber shop. Sometimes I wish I was still renting so that things like this wouldn't have a detrimental impact on my barnet. Thanks BoE, thanks to you I'm stuck with a three bedroom semi-detached and a crap hairdo. And my savings are worth jack sh*t after a negligible interest rate for several months, so I can't even dip into my rainy day funds for a posh looking bonce. Why did you buy?
'Who are you and how did you get in here? I'm a locksmith. And, I'm a locksmith.' (Leslie Nielsen) |
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| hedgehog50 Croydon 07 Nov 17 8.53am |
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Originally posted by Part Time James
I am now going to pay £15 a month more interest on my mortgage. It's a flipping outrage if you ask me. Now my foolish error buying a house means I can no longer afford to get my hair poncified in a salon and will have to slum it in a barber shop. Sometimes I wish I was still renting so that things like this wouldn't have a detrimental impact on my barnet. Thanks BoE, thanks to you I'm stuck with a three bedroom semi-detached and a crap hairdo. And my savings are worth jack sh*t after a negligible interest rate for several months, so I can't even dip into my rainy day funds for a posh looking bonce. Hair today, gone tomorrow.
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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| steeleye20 Croydon 07 Nov 17 10.58am |
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What will the state of PtJ's Barnett be when it is 5% and rising......
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| Lyons550 Shirley 09 Nov 17 1.05pm |
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"Seven days after the rise in base rates, just 17 out of 150 providers have passed on improved returns to their savers." Ludicrous...but to be expected I guess
The Voice of Reason In An Otherwise Mediocre World |
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