What a pile of shit! (these were not my original words) 
BBC NEWS | Business | UK interest rates lowered to 0.5%
BBC NEWS | Business | UK interest rates lowered to 0.5%
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Shame most banks only screw people who are saving with the cuts. Most mortgages dont see the cut for ages, if at all.XBMC/KODI Developer -
very true , why dont the goverment make the banks reduce the mortage deals as soon as they reduce the savings rate .
and northern rock are a joke . they are owned by us and they are screwing us rotten .
rates are like 5%
anyone else feel like walking straight into there big vault grabbing a bag full of money and tell them im just taking back whats mine .Comment
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and the sensible people with fixed rates and savings in the bank are getting shafted!Comment
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Got to admit, i'm prob one of the lucky ones atm, got a halifax tracker, guaranteed to be around 1 - 1.5% (cant remember exactelly) higher than the BOE base rate. As far as savings are concerned, I'd rather throw any spare cash back to paying the mortgage off.D I S C L A I M E R My right to post information is protected under the rights for freedom act. In all instances, information discussed here on my posts are either hypothetical in nature, out of general curiosity, common knowledge, public knowledge, or role-play. Any use of the collective descriptions and shared knowledge from any of my posts are at the sole discretion of the reader. I am not responsible for what you do with it.Comment
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most people dont have a lot of savings anyway so it wont make much difference to them, but it will when paying the morgage. the only people it will make a difference to is the rich they will be getting a lot less interest on their savings.shame eh, not.What a pile of shit! (these were not my original words)
BBC NEWS | Business | UK interest rates lowered to 0.5%Comment
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Interest rates may be low but you can't get a mortgage at these reduced rates.Comment
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