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Old 01-08-2024, 11:05 AM #1
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Default Interest Rate Cut (2025)

It was 5:25%

now 5%

So this is now the start of going down

Labour now in power

Last edited by arista; 06-02-2025 at 10:38 AM.
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Old 01-08-2024, 11:05 AM #2
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Bah
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'put a bit of lippy on and run a brush through your hair, we are alcoholics, not savages'

Quote:
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Livelier than Izaaz, and hes got 2 feet.
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Old 01-08-2024, 11:14 AM #3
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This was sort of expected last month.
It was only really held off until after the election.
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Old 01-08-2024, 09:49 PM #4
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Old 01-08-2024, 09:50 PM #5
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Old 01-08-2024, 11:18 PM #6
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Default Interest Rate Cut to 5% (1/Aug/24)

Before you Labour lovers get all excited ..

The drop if you have a Ł125,000 mortgage means you will pay just under Ł17 less each month ( Ł4.25 week)


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Old 01-08-2024, 11:22 PM #7
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Yes could be another cut
to 4:75%, next month.
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Old 01-08-2024, 11:23 PM #8
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Quote:
Originally Posted by arista View Post
Yes could be another cut
to 4:75%, next month.

Wow

Another Ł4 a week


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Old 02-08-2024, 06:20 AM #9
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Sunak must be kicking himself he called the Genereal Election so early.
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Old 06-02-2025, 11:03 AM #10
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Bank of England
has cut the Interest Rate to 4.5%


It was 4.75%

Last edited by arista; 06-02-2025 at 11:07 AM.
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Old 06-02-2025, 11:59 PM #11
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Old 12-02-2025, 02:13 AM #12
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BBC News Text:
[ Its lead story says more than 30 banks
and building societies have cut the rates
on their savings accounts since interest rates
were cut last week,
giving customers worse returns than before.]

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Old Today, 11:09 AM #13
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Another 0:25 Cut 8/5/25


From 4.5% to 4.25%
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