Interest rates

[DaveGrohl]

Which month do with think the BoE are going to have their "guidance" lifted up from 2% inflation?

 

[2wheels]

Not a single property in scottish farmer today

scottish farmer? horses, dogs and politics. well, used to be when i was buying it.

 

[czechmate]

But the public have been 'educated' to expectations of:
Annual holidays
A new mobile phone every 2 years
Dining out
Takeaway food multiple times a week
Wearing fashion clothes
Multiple cars per household
Etc, etc

It underpins our economy.

UK politics, like most others, is utterly wedded to endless economic growth.

The wheels are about to fall off that model it seems.

tbh, though, I’m sure I’ve been hearing the wheels are about to fall off, my whole life time.
HP and the never never were the buzz words when I were a lad

 

[uztrac]

I shall never forget "Black Wednesday" when BoE base rate rose to 15%. That really HURT !!!!

 

[Tarw Coch]

I shall never forget "Black Wednesday" when BoE base rate rose to 15%. That really HURT !!!!

Remember it well, it was the day we signed for a block of land up the road, dad came home from market looking worried, he’d heard a rumour base rate had jumped from 10 to 13 percent.
It had just come on the radio, it was worse it was now at 15 percent.
We sat at the dinner table heads in hands not wanting to eat

By night chancellor Norman Lamont had pulled out of the ERM and base rate was back to 10 percent .

Interest rates eased gradually over the next few years which were very good years for us and land we had planned on paying off over 10 years was paid off in about a third of that time.

 

[jendan]

scottish farmer? horses, dogs and politics. well, used to be when i was buying it.

I buy it and i dont even live in Scotland. I think its a good paper,good commentary.

 

[2wheels]

I buy it and i dont even live in Scotland. I think its a good paper,good commentary.

i had better go buy an issue and have a fresh look.