Bank of England base rate.

ManAtHome

avondale wrote:

In tonights standard the CBI have moaned at the Bank of Englands MPC to cut base rates instead of leaving them on hold for the eighth month running.

LOL - the CBI would be happy if interest rates were -50%, more spendies now who gives a !!!!!! once I've retired...

Won't do them a heap of good anyway - BoE reduces rates, pound goes down, Gas/Leccie, shiny stuff goes up, real inflation goes up, peeps have less cash to go shopping, directors get lower bonuses (possibly not now but eventually - but who the hell is bothered about eventuallly, they'll all have pi**ed off with massive bonuses/pensions etc by the time it finally dawns..).

TangentMan

The pound is under pressure at the moment, the Federal Reserve is hiking rates to support the dollar, the ECB is looking at its rates (expected upwards). Thus the MPC will be considering a raise in rates. Possibly.

thejoyofsaving

Many thanks P2P!!!

I'm lovin it and have already found loads of cool savings ideas
;-)))

pennies2pounds_3

Yes this is a great site . I think I can speak for us all and say ' WE have saved hundreds of pounds a year just by being here and sharing information with each other' and once again welcome! :T