Thursday, July 9, 2009

Interest rates on hold

Latest:Bank holds rate to pause in fight against slump

The Bank held interest rates again at their existing 315-year low of 0.5 per cent ...bla,bla,bla. This is to encourage the sheeple to go out and spend money they don't have. It is likely to be on exports, as we don't make anything anymore!

Posted by tim miller @ 12:17 PM (960 views)
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3 thoughts on “Interest rates on hold

  • george monsoon says:

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  • We make raincoats

    It’s quite good fun trying to buy British. Hard to separate out things genuinely ‘made’ in Britain though rather than finished or packed

    Try some British wine too!

    Some things are expensive, but it’s worth remembering that people working in the UK need to pay UK house prices!

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  • I think RobH has just found yet a nother reason why house prices need to come down

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