0.5% Interest Rates

[BrewStew]

I've only just noticed the news... 0.5% interest rates!!!!

but is it still too little too late? :hmm:

 

[tubby_shaw]

The more worrying news is the fact that The Bank of England is preparing to print another £75 billion :shock:
I don't think devaluation of the pound is the way forward :nono:

 

[BrewStew]

i've never understood how printing money makes the economy get better :wha:

 

[steve_flack]

On the plus side some of my income is paid in dollars so the further sterling goes down the crapper the more I get. The downside is of course that most stuff is imported and costs more.

 

[Dunfie]

I've only just noticed the news... 0.5% interest rates!!!!

but is it still too little too late? :hmm:

Sticking with Steve's more inward looking commentary.....I'm on a tracker :party:

 

[Vossy1]

I'm on a tracker

Me too, an old one, which they don't sell any more, as it's not worth 'their' while

 

[falafael]

things getting **** at work for me, going from 5 day week of 9hr shifts, to a 3 times 12 hour shift, 3 on , 3 off, losing 9 hours a week here...not good, looking at £5000 a year lost...bar stewards..

 

[dmrevis]

Its a farce - i've not got much savings but right now they just arent working for me. I've got an ISA paying about 1% at best, an internet only saving account paying aboue 0.75%. I've got a bit in Premium Bonds which dont win because the prize fund has been hammered so much due to the cut in interest. However there is no better place to put it with the pitifull rates unless i lock it away in a bond for a year even then i'll be lucky to get 4%.