news
Interest Rate Predictions Thursday February 5th 2009
Today is the bank base rate announcement, which means for many there could be even lower interest rates. With the bank base rate already at an all time low of 1.5%, many out there believe it will be reduced further.
I read on interesting article about Bank of England interest rates predictions that predicts that the base [...]
UK Economy Officially In Recession
It has been made official today with figures released by the Office for National Statistics that the UK Economy has now had two consecutive quarters of negative growth in the Gross Domestic Product. This is probably the worst kept secret of the last few months, few if any commentators expected anything but gloomy news.
The worst hit [...]