Saturday, Aug 12, 2006

Nationwide ups borrowing rates

Guardian: Nationwide puts up its lending rate by 0.35%

Nationwide building society yesterday raised its standard lending rate by 0.35%, the first big bank to increase its base rate by more than the 0.25% increase announced last week by the Bank of England.

Posted by jason @ 03:20 PM (499 views)
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1. sirgoogle said...

Par for the course given that the Banks have to cover the bad debts of the Profligates by demanding more from the Honest and Frugal.

Hopefully the Honest and Frugal will realise that it is they who are paying for the bad debts - not the banks.

It is time that the majority of the population - the Honest and Frugal (who live within their means) start to shun and shame the Profligates and make unpaid debt once again a dirty word.

Maybe this should translate into a change in attitude in those who want to be in the next Govt - and that the Parties will campaign hard to be the most Honest and Frugal - and clamp down on idiots who think that the rest of us are going to fund their lifestyles.

Bring back the Stocks !!

Sunday, August 13, 2006 10:40AM Report Comment

2. sirgoogle said...

Stocks = Village Stocks - I would like to have the personal satisfaction throwing squishy tomatoes at bankcrupts proven to be Profligate - for about a week.

Anyone have other fitting punishments that the courts should hand out ?

Sunday, August 13, 2006 10:43AM Report Comment

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