Wednesday, Oct 22, 2008
Saves them having to follow BoE lead on interest rates!
Mortgage Stratergy: A&L pulls all two-year trackers
Alliance & Leicester is withdrawing all of its two-year base rate trackers at close of business today.
Posted by whostolemyendowment @ 11:47 AM (199 views) Add Comment
1 Comment
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1. planning4acrash said...
Price controls equal shortages, and manipulation of interest rates equals control of the price of money. One used to have to raise interest rates to reduce money supply. Now, doesn't matter what government does, the market runs away in horror!