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Guest wrongmove

Betfair are offering 300/1 for a 0.25% rise, and 50/1 for a 0.25% fall. No change is 100/1 on. That's a pretty hot favourite !!

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Betfair are offering 300/1 for a 0.25% rise, and 50/1 for a 0.25% fall. No change is 100/1 on. That's a pretty hot favourite !!

300/1?? That's got to be worth a tenner as a bonkers bet! The MPC has consistently failed to surprise anyone - one of these days they're bound to throw a surprise. I might just have a wee punt there, although I'm firmly in the "no change" camp. You just never know...

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Betfair are offering 300/1 for a 0.25% rise, and 50/1 for a 0.25% fall. No change is 100/1 on. That's a pretty hot favourite !!

erm excuse my ignorance, but couldn't I stick a tenner on each and still win if thats the odds?

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Guest wrongmove

erm excuse my ignorance, but couldn't I stick a tenner on each and still win if thats the odds?

No - the odds on no change are 100/1 on, i.e. 1/100, so a tenner bet would win you a handsome 10p !!

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Guest Charlie The Tramp

Historically since the 1980s the BoE have avoided changes to the Bank Rate in December and January. The last change in January was 1993 and December was 1981 when the rate was cut to 14.37% from 14.56%.

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No - the odds on no change are 100/1 on, i.e. 1/100, so a tenner bet would win you a handsome 10p !!

I'm more used to seeing it as 1/100 rather than 100/1

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It all depends on the soaring deficit and the need to defend the pound against a crash. Question is whether Gordon will sacrifice his "baby" (HPC) and allow the temporary pain of a HPC brought on by sharply higher IR. Or will he lower IR and let the pound sink and risk hyperinflation to achieve the same result?

My bet is that he will have to follow the Fed up and hope that the HPC will be short, sharp and over by the time the next election is due.

Edited by Realistbear

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I have faith in the abject mendacity and bloody-mindedness of NuLab and the BofE. I'll say DROP just because it'll make me want to cut me own arm off with a spoon less if I prepare myself for it.

When have they ever rewarded savers?

I believe NuLab want to destroy the UK so a cut would be a good tool.

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I think no change.

...but possibly a sneaky .25% rise in march....I read somewhere that some US oil refineries are likely to go offline at end of feb so they can upgrade de-suplhurising gear(apparently they are moving to ultra-low sulphur gas)

now correct me if I'm wrong,but didn't our petrol prices shoot up when katrina struck and the US had to import from us??.....that'll surely mean higher inflation(and we have one less refinery now too!)

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It makes me wonder whether it's true that NuLab are trying to destroy UK plc and the pound so that joining the Euro seems a viable obtion.

Lets face it, there is no way the public will allow us to fully intergrate in Europe (rightly so in my eyes) maybe the only way TB & GB can get us to join the Socialist elitist, unelected European project.

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I've done a bad thing and placed a bet on rates going down. If they do I'll give you my real address and you can ALL come round for a drink! Hang on, maybe that's not sensible.

First time I've gambled - £2 - big money. Felt slightly dirty - like a card sharp from one of those Mockney gangster films with those RADA actors putting on 'tough' voices and....... smoking! OH yeah.

S'funny isn't it - I get all fearful over £2 but people gamble literally tens if not hundreds of thousands betting that their investment properties will appreciate! Still.... it's not REAL money, it's MORTGAGE money as my brother tells me. He's an actor.

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  • 301 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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