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Again! Again!

Posted by | Posted in Finance | Posted on 04-12-2008

Well apparently, the Bank Of England is thinking about cutting interest rates again, this time to 2%. Which in theory, should be good news. Although we all know what happened last time – some of the banks decided they’d pass the savings onto their customers (but not in full, you understand, oh no) and some of the banks won’t pass any savings onto their customers at all. Which kind of defeats the purpose. Those banks will no doubt keep their own interest rates at the same level, meaning more money for them, but it’ll still leave a large proportion of home-owners with a hefty mortgage to pay each month. Again, it comes down to greed.

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Posted by | Posted in Random | Posted on 26-11-2008

Morning all,

It’s been a day or two since I posted because I’ve had issues with WordPress, although it wasn’t WordPress that caused the issue, it was a Firefox extension. Thankfully I’ve got it sorted and the site is back to normal.

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