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Author Topic: Interest Rate Rise?  (Read 758 times)

Nearly Sane

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Interest Rate Rise?
« on: November 02, 2017, 05:24:56 AM »
Extraordinary that they have been at this level for 10 years


http://www.bbc.co.uk/news/business-41837536
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Nearly Sane

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Re: Interest Rate Rise?
« Reply #1 on: November 02, 2017, 12:46:54 PM »
And so base rate increased by 100%  ;)
The growth rate though at 1.5% is not cheering

http://www.bbc.co.uk/news
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floo

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Re: Interest Rate Rise?
« Reply #2 on: November 02, 2017, 01:34:53 PM »
I can remember when interest rates went up to 17%, which was a bit eye watering as we had a substantial mortgage in those days.
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Harrowby Hall

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Re: Interest Rate Rise?
« Reply #3 on: November 02, 2017, 03:16:48 PM »
Quote from: Floo on November 02, 2017, 01:34:53 PM
I can remember when interest rates went up to 17%, which was a bit eye watering as we had a substantial mortgage in those days.

Indeed.

This increase doesn't exactly motivate me to move my modest savings.
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