MPC may raise Interest Rates to 6% in August!

Generali

Le Saint Julien sounds great. I do like French food. Le Café du Marche is usually my French place of choice round there. Peut etre les meilleurs steaks avec frites à Londres!

Melissa177

That sounds really good.

The Hat & Feathers in Clerkenwell is another one that has been recommended, but I've yet to try it. http://www.toptable.co.uk/venues/restaurants/?id=3767&spos=1

Do you know anywhere close to Cannon St that is good to eat at?

beingjdc

Melissa177 wrote: »

That sounds really good.

The Hat & Feathers in Clerkenwell is another one that has been recommended, but I've yet to try it. http://www.toptable.co.uk/venues/restaurants/?id=3767&spos=1

Do you know anywhere close to Cannon St that is good to eat at?

There's a Wagamama in the general area, and a 2-for-1 offer on main meals floating around the place.

Guy_Montag

Sorry to bring this back OT, but do how will the increase in the price of money (due to the looming credit crunch) manifest itself to
a) those with mortgages
b) those wishing to get mortgages
c) those with savings

Melissa177

beingjdc wrote: »

There's a Wagamama in the general area, and a 2-for-1 offer on main meals floating around the place.

Thanks - my boyfriend's just moved to a job in Cannon St, and he's looking for expensive places for brokers to take him to on Exes, I think!

Wagamama's is good for supper though!

Generali

a) those with mortgages - no effect unless they want to remortgage
b) those wishing to get mortgages - Risk aversion amongst lenders should increase interest rates and LTVs. The effect on BTL will be very interesting. Are they a better risk than a PPR (rental income and LL's income to cover the mortgage. Possibly 2 properties to secure the loan against - PPR and BTL) or worse (PPR owners will live of beans on toast, send their kids out to sweep chimneys and sew footballs etc to keep the family home, BTL wouldn't presumably)?
c) those with savings - should increase the demand for savings by financial institutions, esp those that are having their credit ratings downgraded by S&P, Moodys etc. as their borrowing becomes more expensive will increase rates to attract cheaper funds from savers.

Melissa177 wrote: »

Thanks - my boyfriend's just moved to a job in Cannon St, and he's looking for expensive places for brokers to take him to on Exes, I think!

Wagamama's is good for supper though!

The Chop House in Paternoster Square is meant to be nice (I've never been though).
1, Lombard Street rocks.
Coq D'Argent is ok (very nice garden) although full of pr1cks. Overpriced but who cares if the broker's paying.
That seafood place on the corner on Queen Victoria Street is good (can't remember the name offhand-Sweeny's perhaps) and something of a City institution.
Sri Thai is ok (owned by Ken Hom) although not enough chilli in the food. Wusses. Not Thai food that a Thai would recognise.
Slightly further afield, there are loads of good places at Smithfield:
Club Gascon (brilliant)
Café du Jardin
Smiths of Smithfield (I'm boycotting them for being horrid to Mrs Generali. It is good though)
St Johns (possibly my favourite London restaurant).
The Hope used to be a cracker for Breakfast with Guiness. I heard it has changed hands and gone downhill.

Melissa177

Generali wrote: »

The Chop House in Paternoster Square is meant to be nice (I've never been though).
1, Lombard Street rocks.
Coq D'Argent is ok (very nice garden) although full of pr1cks. Overpriced but who cares if the broker's paying.
That seafood place on the corner on Queen Victoria Street is good (can't remember the name offhand-Sweeny's perhaps) and something of a City institution.
Sri Thai is ok (owned by Ken Hom) although not enough chilli in the food. Wusses. Not Thai food that a Thai would recognise.
Slightly further afield, there are loads of good places at Smithfield:
Club Gascon (brilliant)
Café du Jardin
Smiths of Smithfield (I'm boycotting them for being horrid to Mrs Generali. It is good though)
St Johns (possibly my favourite London restaurant).
The Hope used to be a cracker for Breakfast with Guiness. I heard it has changed hands and gone downhill.

Thanks - I've been to the Chop House & Coq D'Argent for drinks, though I haven't eaten at Coq. 1 Lombard St is a bit trashy by all accounts - bf hates it there. Smiths is good - why were they horrid to your wife?

Generali

Melissa177 wrote: »

Thanks - I've been to the Chop House & Coq D'Argent for drinks, though I haven't eaten at Coq. 1 Lombard St is a bit trashy by all accounts - bf hates it there. Smiths is good - why were they horrid to your wife?

We went there for breakfast one Sunday and the waitress threw the bill across the table in the little silver plate thing and then ignored our attempts to pay.

Presumably it was because Mrs Generali had breastfed #1 son earlier. She was very discrete.

As a result I'm boycotting them, except on the occasions when I get taken there. It's complicated. I'm more boycotting paying for stuff there myself (apart from when it's my round).

Anyway, interest rates. Swap rates now price in only 1 further rise, not 2. I doubt we'll even get that. 41-1 against a US rate cut on Betfair looks like quite a good be too.

free4440273

despite the odds, i think a final .50 increase is on the cards. they have until the october meeting to do it.

Guy_Montag

free4440273 wrote: »

despite the odds, i think a final .50 increase is on the cards. they have until the october meeting to do it.

Sad to say it ain't going to happen