Bank of England cuts UK interest rates to 0.25% in wake of Brexit vote, lowest level for seven years. - HotUKDeals
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Bank of England cuts UK interest rates to 0.25% in wake of Brexit vote, lowest level for seven years.

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UK interest rates have been cut for the first time in seven years as part of a wide package of Bank of England measures to shore up the economy in the wake of the Brexit vote. The Bank cut official…
Shaydog Avatar
6m, 2w agoPosted 6 months, 2 weeks ago
UK interest rates have been cut for the first time in seven years as part of a wide package of Bank of England measures to shore up the economy in the wake of the Brexit vote.

The Bank cut official interest rates to a new record low of 0.25% from 0.5% and signalled they would be reduced further in coming months. It slashed its forecasts for UK economic growth by an unprecedented amount and implied the UK would have suffered a downturn without this new package of measures.

Warning that the decision to leave the EU in June’s referendum would stoke inflation and push up unemployment, the Bank’s monetary policy committee unveiled a four-point plan to mitigate the impact.
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Shaydog Avatar
6m, 2w agoPosted 6 months, 2 weeks ago
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Top Comments

(5)
19 Likes
Good news for those with variable rate mortgages and those with debts then. It'll also help first time buyers.

Long live Brexit.
18 Likes
Everything went bad for the uk when we joined the euro I work for the railway and do you know how much is British like everything else we have sold off.
Let me tell you 75% of our railways in foreign owned so when you go to France and see those lovely tgv trains and think back home we have crap trains it's because us the British people finance their train service. And we have the highest fares in Europe
You people need to wake up
13 Likes
rogparki
stuarthanley
Good news for those with variable rate mortgages and those with debts then. It'll also help first time buyers.
Long live Brexit.
Economy going down the tubes , growth down, unemployment up , stagflation imminent , recession round the corner oO . What planet do these Brexiteers live on ? Just admit you voted the wrong way in ignorance of the well forecast outcomes. I like the rest of the country will have to live with the ill informed vote, hardly a day goes past without more dismal economic news- well done Brexit numpties.
Oh and Johnny Foreigner is still coming in at an ever increasing rate oO
Nope. For every doomsayer remainiac trying to twist the truth, I'll be there to put the positive back into it.
12 Likes
stuarthanley
Good news for those with variable rate mortgages and those with debts then. It'll also help first time buyers.
Long live Brexit.
Economy going down the tubes , growth down, unemployment up , stagflation imminent , recession round the corner oO . What planet do these Brexiteers live on ? Just admit you voted the wrong way in ignorance of the well forecast outcomes. I like the rest of the country will have to live with the ill informed vote, hardly a day goes past without more dismal economic news- well done Brexit numpties.
Oh and Johnny Foreigner is still coming in at an ever increasing rate oO
11 Likes
rogparki
stuarthanley
rogparki
stuarthanley
rogparki
stuarthanley
Good news for those with variable rate mortgages and those with debts then. It'll also help first time buyers.
Long live Brexit.
Economy going down the tubes , growth down, unemployment up , stagflation imminent , recession round the corner oO . What planet do these Brexiteers live on ? Just admit you voted the wrong way in ignorance of the well forecast outcomes. I like the rest of the country will have to live with the ill informed vote, hardly a day goes past without more dismal economic news- well done Brexit numpties.
Oh and Johnny Foreigner is still coming in at an ever increasing rate oO
Nope. For every doomsayer remainiac trying to twist the truth, I'll be there to put the positive back into it.
Sadly the forecast doom is arriving daily as economic forecasts become reality. A cut in interest rates isn't good news, its a really worrying (though widely forecast) sign of how really bad our economy has become :(
And I'm sure it was Brexits fault that interest rates were cut to 0.5% seven years ago.
No, wait... What irrelevant excuse did the money men use back then? Or every time before then for the last 40 odd years of us being in the EU?
And just as we were eventually starting to climb out of that shambles (as the first half economic indicators showed) - Bang oO back in the mire again - can't blame the bankers this time, its the 52% to blame , and they know who they are :(


You live in a dreamworld the bankers have never stopped scamming us and yes it is undoubtedly their fault again but they can blame brexit this time instead of themselves and gullible people believe it's because the vote!
Wake up to the real world

All Comments

(135) Jump to unreadPost a comment
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#1
19 Likes #2
Good news for those with variable rate mortgages and those with debts then. It'll also help first time buyers.

Long live Brexit.
12 Likes #3
stuarthanley
Good news for those with variable rate mortgages and those with debts then. It'll also help first time buyers.
Long live Brexit.
Economy going down the tubes , growth down, unemployment up , stagflation imminent , recession round the corner oO . What planet do these Brexiteers live on ? Just admit you voted the wrong way in ignorance of the well forecast outcomes. I like the rest of the country will have to live with the ill informed vote, hardly a day goes past without more dismal economic news- well done Brexit numpties.
Oh and Johnny Foreigner is still coming in at an ever increasing rate oO
13 Likes #4
rogparki
stuarthanley
Good news for those with variable rate mortgages and those with debts then. It'll also help first time buyers.
Long live Brexit.
Economy going down the tubes , growth down, unemployment up , stagflation imminent , recession round the corner oO . What planet do these Brexiteers live on ? Just admit you voted the wrong way in ignorance of the well forecast outcomes. I like the rest of the country will have to live with the ill informed vote, hardly a day goes past without more dismal economic news- well done Brexit numpties.
Oh and Johnny Foreigner is still coming in at an ever increasing rate oO
Nope. For every doomsayer remainiac trying to twist the truth, I'll be there to put the positive back into it.
2 Likes #5
Seven years?

Lowest level for 322 years.
#6
stuarthanley
rogparki
stuarthanley
Good news for those with variable rate mortgages and those with debts then. It'll also help first time buyers.
Long live Brexit.
Economy going down the tubes , growth down, unemployment up , stagflation imminent , recession round the corner oO . What planet do these Brexiteers live on ? Just admit you voted the wrong way in ignorance of the well forecast outcomes. I like the rest of the country will have to live with the ill informed vote, hardly a day goes past without more dismal economic news- well done Brexit numpties.
Oh and Johnny Foreigner is still coming in at an ever increasing rate oO
Nope. For every doomsayer remainiac trying to twist the truth, I'll be there to put the positive back into it.
Sadly the forecast doom is arriving daily as economic forecasts become reality. A cut in interest rates isn't good news, its a really worrying (though widely forecast) sign of how really bad our economy has become :(
7 Likes #7
rogparki
stuarthanley
rogparki
stuarthanley
Good news for those with variable rate mortgages and those with debts then. It'll also help first time buyers.
Long live Brexit.
Economy going down the tubes , growth down, unemployment up , stagflation imminent , recession round the corner oO . What planet do these Brexiteers live on ? Just admit you voted the wrong way in ignorance of the well forecast outcomes. I like the rest of the country will have to live with the ill informed vote, hardly a day goes past without more dismal economic news- well done Brexit numpties.
Oh and Johnny Foreigner is still coming in at an ever increasing rate oO
Nope. For every doomsayer remainiac trying to twist the truth, I'll be there to put the positive back into it.
Sadly the forecast doom is arriving daily as economic forecasts become reality. A cut in interest rates isn't good news, its a really worrying (though widely forecast) sign of how really bad our economy has become :(
And I'm sure it was Brexits fault that interest rates were cut to 0.5% seven years ago.

No, wait... What irrelevant excuse did the money men use back then? Or every time before then for the last 40 odd years of us being in the EU?
5 Likes #8
Many other places actually have minus interest rates, so its not that bad is it...

I'm £23 a month better off in terms of mortgage interest so I'm not going to grumble. Life goes on.

Edited By: delusion on Aug 04, 2016 13:13
#9
stuarthanley
rogparki
stuarthanley
rogparki
stuarthanley
Good news for those with variable rate mortgages and those with debts then. It'll also help first time buyers.
Long live Brexit.
Economy going down the tubes , growth down, unemployment up , stagflation imminent , recession round the corner oO . What planet do these Brexiteers live on ? Just admit you voted the wrong way in ignorance of the well forecast outcomes. I like the rest of the country will have to live with the ill informed vote, hardly a day goes past without more dismal economic news- well done Brexit numpties.
Oh and Johnny Foreigner is still coming in at an ever increasing rate oO
Nope. For every doomsayer remainiac trying to twist the truth, I'll be there to put the positive back into it.
Sadly the forecast doom is arriving daily as economic forecasts become reality. A cut in interest rates isn't good news, its a really worrying (though widely forecast) sign of how really bad our economy has become :(
And I'm sure it was Brexits fault that interest rates were cut to 0.5% seven years ago.
No, wait... What irrelevant excuse did the money men use back then? Or every time before then for the last 40 odd years of us being in the EU?
And just as we were eventually starting to climb out of that shambles (as the first half economic indicators showed) - Bang oO back in the mire again - can't blame the bankers this time, its the 52% to blame , and they know who they are :(
#10
if your worried about our banks cutting interest rate by 1 quarter of a percent, go and check out the Italian banks lol.
2 Likes #11
Awaits email from from bank telling me the saving rate is going down :(
5 Likes #12
rogparki
stuarthanley
rogparki
stuarthanley
rogparki
stuarthanley
Good news for those with variable rate mortgages and those with debts then. It'll also help first time buyers.
Long live Brexit.
Economy going down the tubes , growth down, unemployment up , stagflation imminent , recession round the corner oO . What planet do these Brexiteers live on ? Just admit you voted the wrong way in ignorance of the well forecast outcomes. I like the rest of the country will have to live with the ill informed vote, hardly a day goes past without more dismal economic news- well done Brexit numpties.
Oh and Johnny Foreigner is still coming in at an ever increasing rate oO
Nope. For every doomsayer remainiac trying to twist the truth, I'll be there to put the positive back into it.
Sadly the forecast doom is arriving daily as economic forecasts become reality. A cut in interest rates isn't good news, its a really worrying (though widely forecast) sign of how really bad our economy has become :(
And I'm sure it was Brexits fault that interest rates were cut to 0.5% seven years ago.
No, wait... What irrelevant excuse did the money men use back then? Or every time before then for the last 40 odd years of us being in the EU?
And just as we were eventually starting to climb out of that shambles (as the first half economic indicators showed) - Bang oO back in the mire again - can't blame the bankers this time, its the 52% to blame , and they know who they are :(
So the interest rate decline over the last 40 odd years of being in the EU is not an issue but a 0.25% drop now is a major concern?

Typical remain supporting scaremongering.
#13
delusion
Many other places actually have minus interest rates, so its not that bad is it...
I'm £23 a month better off in terms of mortgage interest so I'm not going to grumble. Life goes on.
Enjoy your £23 a month , tens of thousands of jobs will be lost because of the Brexit vote , I hope yours isn't one of them but, sadly, for many thousands £23 a month in the short term won't help when they lose their jobs :(
1 Like #14
Let's party :3

http://bestanimations.com/Holidays/Fireworks/fireworks-animation-46.gif

Edited By: mutley1 on Aug 04, 2016 13:27
11 Likes #15
rogparki
stuarthanley
rogparki
stuarthanley
rogparki
stuarthanley
Good news for those with variable rate mortgages and those with debts then. It'll also help first time buyers.
Long live Brexit.
Economy going down the tubes , growth down, unemployment up , stagflation imminent , recession round the corner oO . What planet do these Brexiteers live on ? Just admit you voted the wrong way in ignorance of the well forecast outcomes. I like the rest of the country will have to live with the ill informed vote, hardly a day goes past without more dismal economic news- well done Brexit numpties.
Oh and Johnny Foreigner is still coming in at an ever increasing rate oO
Nope. For every doomsayer remainiac trying to twist the truth, I'll be there to put the positive back into it.
Sadly the forecast doom is arriving daily as economic forecasts become reality. A cut in interest rates isn't good news, its a really worrying (though widely forecast) sign of how really bad our economy has become :(
And I'm sure it was Brexits fault that interest rates were cut to 0.5% seven years ago.
No, wait... What irrelevant excuse did the money men use back then? Or every time before then for the last 40 odd years of us being in the EU?
And just as we were eventually starting to climb out of that shambles (as the first half economic indicators showed) - Bang oO back in the mire again - can't blame the bankers this time, its the 52% to blame , and they know who they are :(


You live in a dreamworld the bankers have never stopped scamming us and yes it is undoubtedly their fault again but they can blame brexit this time instead of themselves and gullible people believe it's because the vote!
Wake up to the real world
18 Likes #16
Everything went bad for the uk when we joined the euro I work for the railway and do you know how much is British like everything else we have sold off.
Let me tell you 75% of our railways in foreign owned so when you go to France and see those lovely tgv trains and think back home we have crap trains it's because us the British people finance their train service. And we have the highest fares in Europe
You people need to wake up
7 Likes #17
rogparki
stuarthanley
Good news for those with variable rate mortgages and those with debts then. It'll also help first time buyers.
Long live Brexit.
Economy going down the tubes , growth down, unemployment up , stagflation imminent , recession round the corner oO . What planet do these Brexiteers live on ? Just admit you voted the wrong way in ignorance of the well forecast outcomes. I like the rest of the country will have to live with the ill informed vote, hardly a day goes past without more dismal economic news- well done Brexit numpties.
Oh and Johnny Foreigner is still coming in at an ever increasing rate oO
Unemployment increased? We're at the lowest unemployment rate since October 2005.

Economy down the tubes? All of those multinational companies remaining and relocating in the UK post EU vote?

You need to stop listening to the doomsayers.
4 Likes #18
rogparki
delusion
Many other places actually have minus interest rates, so its not that bad is it...
I'm £23 a month better off in terms of mortgage interest so I'm not going to grumble. Life goes on.
Enjoy your £23 a month , tens of thousands of jobs will be lost because of the Brexit vote , I hope yours isn't one of them but, sadly, for many thousands £23 a month in the short term won't help when they lose their jobs :(

If you lose your job for being such a doom and gloom merchant you can't blame brexit... That's all on you. :p

Short term instability for the chance of long term stability? Yes please, it's remaining that had a bigger risk of long term instability in many people's view... Should EU reforms appear over the coming years then maybe that will change. Who knows.

Edited By: delusion on Aug 04, 2016 13:46
suspended#19
delusion
rogparki
delusion
Many other places actually have minus interest rates, so its not that bad is it...
I'm £23 a month better off in terms of mortgage interest so I'm not going to grumble. Life goes on.
Enjoy your £23 a month , tens of thousands of jobs will be lost because of the Brexit vote , I hope yours isn't one of them but, sadly, for many thousands £23 a month in the short term won't help when they lose their jobs :(
If you lose your job for being such a doom and gloom merchant you can't blame brexit... That's all on you. :p
Short term instability for the chance of long term stability? Yes please, it's remaining that had a bigger risk of long term instability in many people's view... Should EU reforms appear over the coming years then maybe that will change. Who knows.

So Brexit was voting for a 'chance' of long-term stability? Wasn't stable economic growth what we were experiencing for a while now?

The same old arguments will be wheeled out but now is the point at which Leave voters need to start taking some responsibility. What you voted for is uncertainty - that's it. You can talk about sovereignty, controlling borders, setting laws etc. but the truth is that no-one knows what the new status quo will be if we continue this Brexit thing through to it's conclusion. That's the truth and it's indisputable.

Today's news is just one more consequence of that vote. Own it, defend it but don't pretend it's something other than it is.
6 Likes #20
Yawn, The world still hasn't imploded.
9 Likes #21
HotEnglishAndWelshDeals
delusion
rogparki
delusion
Many other places actually have minus interest rates, so its not that bad is it...
I'm £23 a month better off in terms of mortgage interest so I'm not going to grumble. Life goes on.
Enjoy your £23 a month , tens of thousands of jobs will be lost because of the Brexit vote , I hope yours isn't one of them but, sadly, for many thousands £23 a month in the short term won't help when they lose their jobs :(
If you lose your job for being such a doom and gloom merchant you can't blame brexit... That's all on you. :p
Short term instability for the chance of long term stability? Yes please, it's remaining that had a bigger risk of long term instability in many people's view... Should EU reforms appear over the coming years then maybe that will change. Who knows.
So Brexit was voting for a 'chance' of long-term stability? Wasn't stable economic growth what we were experiencing for a while now?
The same old arguments will be wheeled out but now is the point at which Leave voters need to start taking some responsibility. What you voted for is uncertainty - that's it. You can talk about sovereignty, controlling borders, setting laws etc. but the truth is that no-one knows what the new status quo will be if we continue this Brexit thing through to it's conclusion. That's the truth and it's indisputable.
Today's news is just one more consequence of that vote. Own it, defend it but don't pretend it's something other than it is.

Don't tell me what people voted for. That's all you can see, and that is your limitation not theirs
suspended 1 Like #22
delusion
HotEnglishAndWelshDeals
delusion
rogparki
delusion
Many other places actually have minus interest rates, so its not that bad is it...
I'm £23 a month better off in terms of mortgage interest so I'm not going to grumble. Life goes on.
Enjoy your £23 a month , tens of thousands of jobs will be lost because of the Brexit vote , I hope yours isn't one of them but, sadly, for many thousands £23 a month in the short term won't help when they lose their jobs :(
If you lose your job for being such a doom and gloom merchant you can't blame brexit... That's all on you. :p
Short term instability for the chance of long term stability? Yes please, it's remaining that had a bigger risk of long term instability in many people's view... Should EU reforms appear over the coming years then maybe that will change. Who knows.
So Brexit was voting for a 'chance' of long-term stability? Wasn't stable economic growth what we were experiencing for a while now?
The same old arguments will be wheeled out but now is the point at which Leave voters need to start taking some responsibility. What you voted for is uncertainty - that's it. You can talk about sovereignty, controlling borders, setting laws etc. but the truth is that no-one knows what the new status quo will be if we continue this Brexit thing through to it's conclusion. That's the truth and it's indisputable.
Today's news is just one more consequence of that vote. Own it, defend it but don't pretend it's something other than it is.
Don't tell me what people voted for. That's all you can see, and that is your limitation not theirs

Actually I will tell you unless you can tell me with certainty what people voted for. Most people don't even know the type of agreement they want with the EU because it's a complex issue.

So you're wrong. People may have thought they were voting for a myriad of different things but the single defining outcome of this vote was uncertainty.

Accept it. Obviously it's hard because it's a ridiculous thing for a grown-up person of sound mind to actually choose, but the 52% did.
6 Likes #23
My N&P tracker mortgage is down to 0.8% now. Good move for me in October 2003. :-)
1 Like #24
This will not affect the value of the "pound in your pocket" as Harold Wilson famously said post devaluation,,, errr X)

With inflation forecast to reach 3% by the end of the year and 5% next year due to the 10% - 13% effective devaluation of sterling you will certainly need more than £20 odd a month to keep up .

As my Dad used to say "some people can't see beyond the end of their nose" :(
6 Likes #25
HotEnglishAndWelshDeals
delusion
HotEnglishAndWelshDeals
delusion
rogparki
delusion
Many other places actually have minus interest rates, so its not that bad is it...
I'm £23 a month better off in terms of mortgage interest so I'm not going to grumble. Life goes on.
Enjoy your £23 a month , tens of thousands of jobs will be lost because of the Brexit vote , I hope yours isn't one of them but, sadly, for many thousands £23 a month in the short term won't help when they lose their jobs :(
If you lose your job for being such a doom and gloom merchant you can't blame brexit... That's all on you. :p
Short term instability for the chance of long term stability? Yes please, it's remaining that had a bigger risk of long term instability in many people's view... Should EU reforms appear over the coming years then maybe that will change. Who knows.
So Brexit was voting for a 'chance' of long-term stability? Wasn't stable economic growth what we were experiencing for a while now?
The same old arguments will be wheeled out but now is the point at which Leave voters need to start taking some responsibility. What you voted for is uncertainty - that's it. You can talk about sovereignty, controlling borders, setting laws etc. but the truth is that no-one knows what the new status quo will be if we continue this Brexit thing through to it's conclusion. That's the truth and it's indisputable.
Today's news is just one more consequence of that vote. Own it, defend it but don't pretend it's something other than it is.
Don't tell me what people voted for. That's all you can see, and that is your limitation not theirs
Actually I will tell you unless you can tell me with certainty what people voted for. Most people don't even know the type of agreement they want with the EU because it's a complex issue.
So you're wrong. People may have thought they were voting for a myriad of different things but the single defining outcome of this vote was uncertainty.
Accept it. Obviously it's hard because it's a ridiculous thing for a grown-up person of sound mind to actually choose, but the 52% did.

Such a hypocritical post, this just removes your credibility completely. Along with the obvious fact that voters will have a variety of reasons and views (only a closed mind would believe otherwise), your hypocrisy is the only certainty
suspended 1 Like #26
delusion
HotEnglishAndWelshDeals
delusion
HotEnglishAndWelshDeals
delusion
rogparki
delusion
Many other places actually have minus interest rates, so its not that bad is it...
I'm £23 a month better off in terms of mortgage interest so I'm not going to grumble. Life goes on.
Enjoy your £23 a month , tens of thousands of jobs will be lost because of the Brexit vote , I hope yours isn't one of them but, sadly, for many thousands £23 a month in the short term won't help when they lose their jobs :(
If you lose your job for being such a doom and gloom merchant you can't blame brexit... That's all on you. :p
Short term instability for the chance of long term stability? Yes please, it's remaining that had a bigger risk of long term instability in many people's view... Should EU reforms appear over the coming years then maybe that will change. Who knows.
So Brexit was voting for a 'chance' of long-term stability? Wasn't stable economic growth what we were experiencing for a while now?
The same old arguments will be wheeled out but now is the point at which Leave voters need to start taking some responsibility. What you voted for is uncertainty - that's it. You can talk about sovereignty, controlling borders, setting laws etc. but the truth is that no-one knows what the new status quo will be if we continue this Brexit thing through to it's conclusion. That's the truth and it's indisputable.
Today's news is just one more consequence of that vote. Own it, defend it but don't pretend it's something other than it is.
Don't tell me what people voted for. That's all you can see, and that is your limitation not theirs
Actually I will tell you unless you can tell me with certainty what people voted for. Most people don't even know the type of agreement they want with the EU because it's a complex issue.
So you're wrong. People may have thought they were voting for a myriad of different things but the single defining outcome of this vote was uncertainty.
Accept it. Obviously it's hard because it's a ridiculous thing for a grown-up person of sound mind to actually choose, but the 52% did.
Such a hypocritical post, this just removes your credibility completely. Along with the obvious fact that voters will have a variety of reasons and views (only a closed mind would believe otherwise), your hypocrisy is the only certainty

There's no hypocrisy actually. Sorry.

What is there is an accurate description of what people have actually voted for, the real outcome. The wording of the question demanded uncertainty because it was so ill-defined.

Here, you had two options. One was the status quo the other was simply a tearing up of the status quo. There was no option for the model that people would like so by it's very nature it was uncertain. That's the inconvenient truth.

As for credibility, we're simply usernames on a shopping forum. I'm happy to back up my comments with my actual CV if credibility is what you want - are you?
4 Likes #27
oh no more bad news my mortgage will be cheaper
suspended 5 Likes #28
davewave
oh no more bad news my mortgage will be cheaper

Man gets run over by a car, goes to hospital and loses his leg.

On the plus side he gets shoes half-price now.
#29
davewave
oh no more bad news my mortgage will be cheaper
And with inflation rising to 3% then 5% next year how much will your other monthly outgoings rise by ? Rhetorical question oO


Edited By: rogparki on Aug 04, 2016 15:27: punc
3 Likes #30
HotEnglishAndWelshDeals
davewave
oh no more bad news my mortgage will be cheaper
Man gets run over by a car, goes to hospital and loses his leg.
On the plus side he gets shoes half-price now.

Plus disability allowance so it's a win win almost?.
4 Likes #31
HotEnglishAndWelshDeals
davewave
oh no more bad news my mortgage will be cheaper
Man gets run over by a car, goes to hospital and loses his leg.
On the plus side he gets shoes half-price now.
no he doesnt, sold in pairs.
http://static.tumblr.com/36697fdf94e7d91d101f847e1f8cbb5a/wduzr7t/HaWmtk1vj/tumblr_static__young_bamrockon.gif
#32
Excellent news.

In a few months it will be negative.
#33
YouDontWantToKnow
Excellent news.
In a few months it will be negative.
If you are daft enough to think negative interest rates are good then you are daft enough to have voted "Leave" oO Say no more :(
#34
Anyone know the ECB interest rate?
#35
suspended#36
davewave
HotEnglishAndWelshDeals
davewave
oh no more bad news my mortgage will be cheaper
Man gets run over by a car, goes to hospital and loses his leg.
On the plus side he gets shoes half-price now.
no he doesnt, sold in pairs.http://static.tumblr.com/36697fdf94e7d91d101f847e1f8cbb5a/wduzr7t/HaWmtk1vj/tumblr_static__young_bamrockon.gif

That's the joke. (Imagine there's a facepalm image here).
#37
What's interest?
1 Like #38
rogparki
YouDontWantToKnow
Excellent news.
In a few months it will be negative.
If you are daft enough to think negative interest rates are good then you are daft enough to have voted "Leave" oO Say no more :(


You have just called the European Central Bank, Japan, Sweden, Switzerland and Denmark daft.

You might as well also have a word with the U.S. Federal Reserve as they are saying its "on the cards".
#39
YouDontWantToKnow
rogparki
YouDontWantToKnow
Excellent news.
In a few months it will be negative.
If you are daft enough to think negative interest rates are good then you are daft enough to have voted "Leave" oO Say no more :(
You have just called the European Central Bank, Japan, Sweden, Switzerland and Denmark daft.
You might as well also have a word with the U.S. Federal Reserve as they are saying its "on the cards".
You really should learn to read. All those institutions (like the Bank of England) do not think zero interest rates are good they reacted to poor economic conditions . Its not zero% interest rates that are daft , in poor economic conditions they are one of very few options left .

If you had read my comment you will see I said " If you are daft enough to "think" negative interest rates are good ..... etc - There is a big difference !
6 Likes #40
HotEnglishAndWelshDeals
As for credibility, we're simply usernames on a shopping forum. I'm happy to back up my comments with my actual CV if credibility is what you want - are you?

https://www.comedy.co.uk/images/library/comedies/300/i/im_alan_partridge_suit.jpg

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