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Anyone with a superstitious nature should look away now.

David Smith on his website says that the only two times that interest rates have been cut by a third was
June 1939
Sept 1914
'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher
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Comments

  • mewbie_2
    mewbie_2 Posts: 6,058 Forumite
    1,000 Posts Combo Breaker
    On Moneybox today they said the last time rates were cut from 4.5% to 3% was 1665. Yes.. 1665.
  • PasturesNew
    PasturesNew Posts: 70,698 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Ah, 1665, I knew it was in the 1600s some time that something matched with what happened this week.

    So, we're doomed. Who will we be fighting? Iceland? I hear they got a bit stroppy with us last month!

    I say "we", but it's not me. I'm past the age of being called up. I'd have to be in the WI baking cakes and making teas.
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Ah, 1665, I knew it was in the 1600s some time that something matched with what happened this week.

    So, we're doomed. Who will we be fighting? Iceland? I hear they got a bit stroppy with us last month!

    I say "we", but it's not me. I'm past the age of being called up. I'd have to be in the WI baking cakes and making teas.

    Typical Baby Boomers.
    'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher
  • mewbie_2
    mewbie_2 Posts: 6,058 Forumite
    1,000 Posts Combo Breaker
    Shame it wasn't 1655, and then I could have done the Morecambe and Wise line, "but it's only five to seven Mr. Prevue".

    However it was 1665 so I can't.
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    mewbie wrote: »
    On Moneybox today they said the last time rates were cut from 4.5% to 3% was 1665. Yes.. 1665.

    It was 1695, the year that the Bank of Scotland was founded.


    1695 Jan 4.5000 -1.50
    1695 May 3.0000 -1.50
    1699 June 4.5000 1.50
    1844 7 Sep 2.5000 -1.50
    1847 25 Oct 8.0000 2.00
    1854 3 Aug 4.0000 -1.50
    1855 18 Oct 7.0000 1.50
    1856 29 Oct 7.0000 2.00
    1857 24 Dec 8.0000 -2.00
    1858 7 Jan 6.0000 -2.00
    1866 16 Aug 8.0000 -2.00
    1873 27 Nov 6.0000 -2.00
    1914 31 Jul 8.0000 4.00
    1914 1 Aug 10.0000 2.00
    1914 6 Aug 6.0000 -4.00
    1931 21 Sep 6.0000 1.50
    1939 24 Aug 4.0000 2.00
    1952 11 Mar 4.0000 1.50
    1957 19 Sep 7.0000 2.00
    1961 26 Jul 7.0000 2.00
    1964 23 Nov 7.0000 2.00
    1967 18 Nov 8.0000 1.50
    1973 23 Jul 9.0000 1.50
    1973 30 Jul 11.5000 2.50
    1973 13 Nov 13.0000 1.75
    1976 26 Apr 10.5000 1.50
    1976 13 Sep 13.0000 1.50
    1976 7 Oct 15.0000 2.00
    1977 28 Nov 7.0000 2.00
    1978 9 Nov 12.5000 2.50
    1979 8 Feb 14.0000 1.50
    1979 13 Jun 14.0000 2.00
    1979 15 Nov 17.0000 3.00
    1980 25 Nov 14.0000 -2.00
    1981 11 Mar 12.0000 -2.00
    1984 11 Jul 12.0000 2.00
    1985 14 Jan 11.8750 2.38
    1985 28 Jan 13.8750 2.00
    2008 6 Nov 3.0000 -1.50
    'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher
  • PasturesNew
    PasturesNew Posts: 70,698 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    mewbie wrote: »
    Shame it wasn't 1655, and then I could have done the Morecambe and Wise line, "but it's only five to seven Mr. Prevue".

    However it was 1665 so I can't.
    Five to five.
  • mewbie_2
    mewbie_2 Posts: 6,058 Forumite
    1,000 Posts Combo Breaker
    StevieJ wrote: »
    It was 1695, the year that the Bank of Scotland was founded.


    1695 Jan 4.5000 -1.50
    Thanks a bunch. I post my first fact in three hundred posts, and it turns out to be wrong.
  • PasturesNew
    PasturesNew Posts: 70,698 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    1695 May 3.0000 -1.50
    1699 June 4.5000 1.50

    Four bl00dy years.
    We can't keep ours that low that long. Grannies will freeze as their incomes plummet.
  • mewbie_2
    mewbie_2 Posts: 6,058 Forumite
    1,000 Posts Combo Breaker
    Five to five.
    !!!!!!. I can't even get the joke time right!!!!! aaarrggghh!
  • fatpig_2
    fatpig_2 Posts: 631 Forumite
    The BoE are panicking big style because they know they've seriously fooked the economy up. We can expect many monthly rises of 1.5% in years to come.
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