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Interest Rates

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By *icketysplits OP Woman over a year ago

Way over Yonder, that's where I'm bound

Rates to be held at 0.5% until unemployment reaches 7%.

Good for the "recovery" or just for borrowing?

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By (user no longer on site) over a year ago

Borrowing. The cause of - and apparently the solution to - the shit this country is currently in.

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By *icketysplits OP Woman over a year ago

Way over Yonder, that's where I'm bound

Unemployment may appear to go down to 7% overall though, it won't stop in work benefits but a zero hour contract takes you off the register for JSA.

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By (user no longer on site) over a year ago

Suits me. Interest on savings (or general lack of) was never great- savings on mortgage around £300 per month. Should save me about £40k over the life of the mortgage in the current state and I'm hoping to buy a 2nd house next year as a pension

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By *abioMan over a year ago

Newcastle and Gateshead

i like it, because as a house owner it gives me some sort of stability on my mortgage

plus it means business will be able to spend to boost the economy......

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