Kanga

Member
interest rate
Oops! That would have been impossible!
The Bank Rate has been reduced from 0.5% down to 0.25%.
 

Akasya

Postless Pointer
interest rate
A clear vote of confidence in the Tories ability to manage the economy.

Just wait , this will be a wonderful business opportunity for someone exporting nasturtium seeds to Afghanistan , so no need to be concerned for the economy as a whole.

Steve
 

immac

Senior Member Has-Been
interest rate
I read that with some foreign (not UK yet) accounts banks are actually applying negative interest rates i.e. you have to pay them to keep your money in their bank. You give them £100 and after the interest period they give you back £99, and you have to say "Thank you, sir!"

Ian
 

Akasya

Postless Pointer
interest rate
Only for business users Ian , as their accounts do take a lot of administration as they tend to be very busy accounts.

Steve
 

TNT123

To Young to be This Old
interest rate
Never understood why people put theır lıfe savıng ınto a bank ın the UK wıth such rates.When I sold my house I drew the lot out and when asked why,my reply was,You lot make a fortune out of my money tradıng ıt and gıve me nothıng back for the pleasure.Nothıng wrong wıth a good safe secured ın your home,plus you can top ıt up whenever you want.The down sıde ıs,don't gıve the combınatıon number to the wıfe.
 

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