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ThisisBigBrother.com - UK TV Forums > Non Big Brother Chat > Serious Debates & News > UK Interets Rate has risen to 0.75% from 0.5% (2/8/18)
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Old 02-08-2018, 11:02 AM #1
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Default UK Interets Rate has risen to 0.75% from 0.5% (2/8/18)
A slight rise


[The Bank of England has raised interest rates to 0.75%,
their highest level in almost a decade.]

https://news.sky.com/story/bank-of-e...-2009-11457300


Some mortgages on variable may go up each month
Last edited by arista; 02-08-2018 at 11:08 AM.
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Old 02-08-2018, 12:25 PM #2
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Inevitable
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Old 02-08-2018, 12:29 PM #3
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Originally Posted by AnnieK View Post
Inevitable

Not good
so close to the Brexit date
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Old 02-08-2018, 12:31 PM #4
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Most people will be on fixed rate mortgages and savers wont see any difference so...
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Old 02-08-2018, 12:32 PM #5
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Thankyou again brexiteers
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Old 02-08-2018, 12:38 PM #6
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Thankyou again brexiteers
You can blame Brexit for many things but rate rises no...
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Old 02-08-2018, 01:00 PM #7
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Most people will be on fixed rate mortgages and savers wont see any difference so...
Plus unless you have a massive mortgage the increase will be negligible for most.
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Old 02-08-2018, 01:51 PM #8
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The rate has been far too low for far too long.......for savers who depend on the interest to help support them, like retired people.
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Old 02-08-2018, 02:03 PM #9
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it reflects an economy doing well, so i don't see the problem
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Old 02-08-2018, 04:23 PM #10
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Originally Posted by bitontheslide View Post
it reflects an economy doing well, so i don't see the problem
The Governor said if a Problem at Brexit time, appears
he may lower them again.

But another small rise may be around Nov.


Ref: Ch5HD news interview.
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Old 02-08-2018, 04:26 PM #11
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The rate has been far too low for far too long.......for savers who depend on the interest to help support them, like retired people.

Yes around 10 years
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