Howard the Duck
Striker
Great That's just made buying Michut more expensive!Currency markets don't seem very impressed. Down to 1.11 against the Euro now. They may recover, but went into freefall after the announcement.
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Great That's just made buying Michut more expensive!Currency markets don't seem very impressed. Down to 1.11 against the Euro now. They may recover, but went into freefall after the announcement.
Tidied.Down to 1.11 against the failed Euro now.
I’d expect a couple of 0.25% increases in spring/ summer. Having said that inflation looks like falling quicker than expected.
Only partially true. Energy prices for consumers are only kicking in now. Across the rest of the supply chain I would say that the energy costs have been passed on right through the year, and it’s still a huge factor in price increasesMain reason for inflation "falling" is that it's calculated on a rolling 12 month basis. The big energy price increases were in spring last year so they will soon be out of the equations.
Whts the best easy access saver out? Got some money i put away for my tax bill payment on account due in july, but sitting in zero interest account at the minute.
Are you the Governor of the Bank of England?Prob go up yet to 4.75/5, then come back end of year start to fall back and settle maybe 3.5
Disclaimer alert I know nowt
Are you the Governor of the Bank of England?
Surely if the economy has returned to growth there'd be no reason to reduce rates 1.25%+Prob go up yet to 4.75/5, then come back end of year start to fall back and settle maybe 3.5 next year sometime
Disclaimer alert I know nowt, anything could happen
gap between average earnings and average house price widening makes that more and more difficult though (I think)
Main reason for inflation "falling" is that it's calculated on a rolling 12 month basis. The big energy price increases were in spring last year so they will soon be out of the equations.
Marcus or chaseWhts the best easy access saver out? Got some money i put away for my tax bill payment on account due in july, but sitting in zero interest account at the minute.
He'd do a better job than this f***ing idiotAre you the Governor of the Bank of England?
Are you still twittering on about this?Tidied.
15 months ago 0.1%There is the possibility that interest rates may rise this week.
The first in a series of rate rises could come as early as this week, with the Bank's rate-setting Monetary Policy Committee (MPC) due to pronounce on Thursday.
Good news for savers not so good for them on Standard variable rates or trackers.
Markets now expect the UK's main interest rate to rise from 0.1% to 0.25% in the first instance, with further increases to follow, perhaps reaching the pre-Covid level of 0.75% by the middle of 2022.
Brilliant. Mortgage is due for renewal and it’s already expected to be an extra £100 a month. Our advisor told us to wait a couple more months in the hope of it coming down.
Marcus or chase
Whts the best easy access saver out? Got some money i put away for my tax bill payment on account due in july, but sitting in zero interest account at the minute.
Depends if you have it in an isa or notNeither of them have been competitive for a while now. Tons of better options
The best ones are actually the cash balances in investment funds.
Vanguard pays base less a little bit, so from today you'll get about 3.6% from them.
You've been pretty much bang on with your predictions throughout this thread iirc mate.Prob go up yet to 4.75/5, then come back end of year start to fall back and settle maybe 3.5 next year sometime
Disclaimer alert I know nowt, anything could happen