The Bank of England has cut rates by 0.25% today.
Needless to say this will not be passed on to those in debt, as lenders are in fact raising their rates in line with LIBOR.
The phrase "Pushing a piece of string" comes to mind!
The Bank of England has cut rates by 0.25% today.
Needless to say this will not be passed on to those in debt, as lenders are in fact raising their rates in line with LIBOR.
The phrase "Pushing a piece of string" comes to mind!
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