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The Masked Tulip

Just Got An Email From The Principality

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Nice timing. At the end of March I get an email saying they have reduced my IR basically a month ago. Again, nice timing bearing in mind the supposed IR cut by the BOE next week. No doubt they will have a reason to reduce savings IRs again after that decision.

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Clearly no credit crunch in the UK as if there were they would be willing to pay for your money.

Much easier to make a song and dance about a potential cc and get the dopes at the BOE to cut.

IF SAVINGS RATES ARE BELOW INFLATION (which looking at petrol, gas bills and food bills they are) RATES SHOULD BE GOING UP!!

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Clearly no credit crunch in the UK as if there were they would be willing to pay for your money.

Much easier to make a song and dance about a potential cc and get the dopes at the BOE to cut.

IF SAVINGS RATES ARE BELOW INFLATION (which looking at petrol, gas bills and food bills they are) RATES SHOULD BE GOING UP!!

well, you are correct, but if I was a bank and could get a bail out from my CB at 3%, why pay my customers 6%.

Merv has a lot to answer for.

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  • 297 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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