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View Full Version : Interest Rate Cut Yet Again!



Kodiak
05-Feb-09, 16:17
Bank of England has cut the Interest Rate by 0.5% to Only 1.0%. How low can the Interest Rate go to? Should it go any lower? Should it be put back up to a slightly Higher Rate? Or should it stay at 1.0%?

http://www.itv.com/News/Articles/Cut-in-interest-rates-predicted-368483632.html

This should be good news for everyone who has a Mortgage, but not such good news for people who have savings.