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16-12-2021, 11:18 AM | #1 | |||
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Senior Member
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Had to start.
The Bank of England has announced a pre-Christmas interest rate hike from 0.1% to 0.25%. https://news.sky.com/story/bank-of-e...-hike-12497280 Last edited by arista; 02-02-2023 at 11:02 AM. |
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16-12-2021, 11:23 AM | #2 | |||
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Senior Member
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I remember the heady days when you got 10% on your savings.
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16-12-2021, 11:24 AM | #3 | |||
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Senior Member
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Quote:
Yes a better time 3 years wait for this little change. Last edited by arista; 16-12-2021 at 11:31 AM. |
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16-12-2021, 11:39 AM | #4 | |||
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This Witch doesn't burn
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Bet they wont pass this on to savers but anyone with a mortgage will get a hit straight away
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16-12-2021, 02:30 PM | #5 | |||
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Senior Member
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UK Inflation 5.1%
Netherlands 5.6% USA Inflation 6.8% Turkey Inflation 21% Ref: CNN HD Business Turkey has raised the minium wage. Last edited by arista; 16-12-2021 at 02:39 PM. |
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01-02-2022, 10:44 AM | #6 | |||
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Senior Member
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Bank of England set raise the rate again on Thursday
reported on the media. |
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01-02-2022, 10:49 AM | #7 | |||
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This Witch doesn't burn
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has to happen, will they pass it on to savers though
__________________
'put a bit of lippy on and run a brush through your hair, we are alcoholics, not savages' |
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01-02-2022, 12:08 PM | #8 | |||
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Senior Member
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Ok, so I forgot to pay the visa online over xmas and new year, 5 days late and they charge £62 interest.
So, they have lots of bobs in our savings and we get pretty much nowt. Bloody banks |
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03-02-2022, 09:04 AM | #9 | |||
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Senior Member
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Today at midday we find out if there is a new rise.
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03-02-2022, 10:29 AM | #10 | |||
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This Witch doesn't burn
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cheeky barstewards
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'put a bit of lippy on and run a brush through your hair, we are alcoholics, not savages' |
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03-02-2022, 11:03 AM | #11 | |||
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Senior Member
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It has Risen to 0.5%
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03-02-2022, 11:06 AM | #12 | |||
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Senior Member
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[The Bank of England has raised
interest rates for the second time in three months in a bid to cool soaring prices. The increase to 0.5% from 0.25% comes as households face soaring energy bills and rising costs to the weekly shop. Prices are currently climbing at the fastest rate in 30 years, and there are fears that the pace will accelerate.] https://www.bbc.co.uk/news/business-60197463 We have 7% Inflation at this time. Last edited by arista; 03-02-2022 at 11:13 AM. |
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17-03-2022, 09:45 AM | #13 | |||
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Another Rise Expected today.
[The Bank of England is expected to raise interest rates back to its pre-pandemic levels today as it tries to dampen the UK’s inflationary surge. The City widely anticipates the BoE will hike borrowing costs for the third meeting in a row, up to 0.75% at noon today, the highest since March 2020, despite the economic uncertainty created by Russia’s invasion of Ukraine.] Ref :Guardian Business Last edited by arista; 17-03-2022 at 09:46 AM. |
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17-03-2022, 10:51 AM | #14 | |||
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Senior Member
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They said yesterday we can expect 6 more rises this year...
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17-03-2022, 11:00 AM | #15 | |||
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This Witch doesn't burn
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I hope people locked in their mortgage rates
and about time they passed on these rises to savers..... some savings accounts are on 00.1%
__________________
'put a bit of lippy on and run a brush through your hair, we are alcoholics, not savages' |
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17-03-2022, 11:01 AM | #16 | |||
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This Witch doesn't burn
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Just noticed I am a broken record on this thread
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'put a bit of lippy on and run a brush through your hair, we are alcoholics, not savages' |
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17-03-2022, 11:02 AM | #17 | |||
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Senior Member
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Now 0.75%
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05-05-2022, 06:52 AM | #18 | |||
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Senior Member
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Expected to Rise today to 1%
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05-05-2022, 06:59 AM | #19 | |||
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Senior Member
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Halifax apologises after interest rate email blunder
https://www.bbc.co.uk/news/business-61320828 Jumping the Gun. [Halifax has said sorry after it sent emails to customers incorrectly saying that the Bank of England had raised interest rates. Some mortgage customers received a message on Tuesday saying "the Bank of England base rate has changed today".] Last edited by arista; 05-05-2022 at 07:01 AM. |
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05-05-2022, 07:26 AM | #20 | ||
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thesheriff443
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05-05-2022, 07:36 AM | #21 | |||
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This Witch doesn't burn
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we had a little unexpected windfall recently (not lottery)
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'put a bit of lippy on and run a brush through your hair, we are alcoholics, not savages' |
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05-05-2022, 07:38 AM | #22 | ||
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thesheriff443
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05-05-2022, 07:43 AM | #23 | |||
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This Witch doesn't burn
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Thank you! it was no where near that region of dosh unfortunately but yeah I wont!
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'put a bit of lippy on and run a brush through your hair, we are alcoholics, not savages' |
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05-05-2022, 12:01 PM | #24 | |||
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Senior Member
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Now at 1%
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05-05-2022, 12:40 PM | #25 | |||
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Senior Member
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[Bank of England's new doom-laden warning for the economy: Unemployment will rise, inflation will hit TEN PERCENT and post-Covid growth will stagnate - as interest rates rise AGAIN to a 13-year high of 1% The Bank of England has raised interest rates to a 13-year high of 1 per cent warning of inflationary threat The Bank warned that headline inflation rate is set to top 10 per cent this year and economy is stalling First forecast since the Ukraine war began highlights fears of lower growth and pain for years to come] https://www.dailymail.co.uk/news/art...igh-today.html Last edited by arista; 05-05-2022 at 12:45 PM. |
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