Wednesday, October 22, 2008

Saves them having to follow BoE lead on interest rates!

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 (530 views)
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One thought on “Saves them having to follow BoE lead on interest rates!

  • planning4acrash says:

    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!

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