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Govt have finally repaid.....
hypno06
Posts: 32,296 Forumite
.....the loans they took out to fund the 2nd World War.
So only 60 years then? Makes my DFD seem really close!!!!!
So only 60 years then? Makes my DFD seem really close!!!!!
Successful women can still have their feet on the ground. They just wear better shoes. (Maud Van de Venne)
Life begins at the end of your comfort zone (Neale Donald Walsch)
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Comments
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The lenders (USA?) must have charged a similar sort of interest rate to Provident!(AKA HRH_MUngo)
Member #10 of £2 savers club
Imagine someone holding forth on biology whose only knowledge of the subject is the Book of British Birds, and you have a rough idea of what it feels like to read Richard Dawkins on theology: Terry Eagleton0 -
That's where all the North Sea Oil revenue has gone then, is it?
Or did they take out a consolidation loan?I am NOT, nor do I profess to be, a Qualified Debt Adviser. I have made MANY mistakes and have OFTEN been the unwitting victim of the the shamefull tactics of the Financial Industry.
If any of my experiences, or the knowledge that I have gained from those experiences, can help anyone who finds themselves in similar circumstances, then my experiences have not been in vain.
HMRC Bankruptcy Statistic - 26th October 2006 - 23rd April 2007 BCSC Member No. 7
DFW Nerd # 166 PROUD TO BE DEALING WITH MY DEBTS0 -
Listened to a piece re this on Radio 5 this afternoon. Apparently the loans were taken out at 2% interest (!) and the government viewpoint was that it would have been crazy to pay back earlier given the very favourable terms.
Now, how will I start my letter to President Bush? Do you think that he will offer such favourable terms to us?0 -
Who were the lenders? If it was the USA does that mean we can stop sucking
a s s now?
Oh sorry - maybe that was too controversial.Bank Balance: In the black for the moment.
Sainsburys Loan: Cleared July 2010
Credit cards: AMEX Airmiles Card: direct debit set to clear balance monthly
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seven-day-weekend wrote:The lenders (USA?) must have charged a similar sort of interest rate to Provident!
Not arf! wasn't it something like £40 odd million at the time...turned into x BILLION to pay back.........where have the government hidden that little story then..can't find it on the BBC website?0
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