Thursday, March 16, 2006 

ThisisMoney: Bank warns of debt doom if rates rise BRITAIN would face a return to the debt crunch of the early 1990s when tens of thousands lost their homes if the Bank of England raised rates to 8.5%. Most economists consider that unlikely, but a hike to just 6% would result in family finances looking 'poorly,' according to a new ' borrowing thermometer' from the Alliance & Leicester.
posted by Johnny  @ 1:42 PM 6 comments


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