Saturday, January 23, 2010

Interest rate forecast

UK Public Spending Deficit Debt that Risks Bankrupting Britain

''if the government continues to run an annual budget deficit anywhere near 8% of GDP in 2 years time i.e. early 2012, then by then we could be looking at UK interest rates at ABOVE 5% by then.''

Posted by hpwatcher @ 04:35 PM (1775 views)
Please complete the required fields.



4 thoughts on “Interest rate forecast

  • from the article

    It means that both Gordon Brown and David Cameron when they say they are going to ring fence and grow the NHS and Education, are LIEING (sic), because it is impossible to even contemplate anywhere near a £60 billion cut in public spending without INCLUDING these departments.

    Reply
    Please complete the required fields.



  • tenyearstogetmymoneyback says:

    I’ve got a good idea. Lets sell off our food manufacturers. Someone miust want to buy the Chocolate makers etc.

    Whoops. I think that one has already been thought of.

    Seriously I wonder if we DO have enough assets (Vodafone etc) to pay off our debts.

    Reply
    Please complete the required fields.



  • tenyearstogetmymoneyback says:

    Whoops. Was intended for the previous thread.
    Sorry Guys.

    Reply
    Please complete the required fields.



  • fallingbuzzard says:

    “the NHS is readying itself for some serious money-saving exercise. There is about £10-15 bil spending gap now so whoever says things are getting better is naive!”. A message i received from someone working for the government ministers in that department.

    Reply
    Please complete the required fields.



Add a comment

  • Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
  • Please note that any viewpoints published here as comments are user´s views and not the views of HousePriceCrash.co.uk.
  • Please adhere to the Guidelines

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes:

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>