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interest-rates

UK Interest Rates Now at 1%

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The Bank of England decided to lop another 0.5% off the base interest rate taking it to a low of 1%. Sadly, I don't think this is going to have much of an effect in helping the economy to recover. Money isn't expensive, it's just hard to get hold of. Lowering the interest rates to silly levels isn't going to …

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Interest Rates Down to 5.5%

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Woohooo!!! The BoE have dropped interest rates by 0.25% to 5.5% today. Now we just need Nationwide to follow suit and we'll start saving a whopping 15 of so Pounds a month off our mortgage. As Tescos say "Every little helps".

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