Boeing Share Discussion Threads

[westcoastrich] 02/3/2009 09:42

this week!

[westcoastrich] 01/3/2009 00:19

4 & 5 March

[westcoastrich] 01/3/2009 00:17

whens the next meeting

[westcoastrich] 20/2/2009 22:10

not long now.

[westcoastrich] 14/2/2009 14:55

CUT RATES TO 0%

[westcoastrich] 04/2/2009 18:56

Bank set to slash base rate to 1 per cent
Jonathan Prynn, Consumer Affairs Editor

THE Bank of England's interest rate- setting committee started its monthly meeting today ahead of a further expected cut tomorrow.

Most City economists anticipate that the Bank will slash its base rate from 1.5 per cent to a new all-time low of one per cent, the fifth consecutive reduction since October.

That will benefit around four million home owners with tracker mortgages and as many as one million on variable rates. However, it is another huge blow for savers who have already seen returns on their investments cut to record lows.

Meanwhile, Britain's biggest credit card provider, Barclaycard, said that it is freezing its interest rates for at least four months. It is also reducing the rate charged on purchases for three million low-risk customers by between 2.5 per cent and five per cent.

[westcoastrich] 02/2/2009 21:31

guess its lots of lost tax revenues for the indebted government
no wonder sterling sank

[fox tail] 02/2/2009 21:03

drama queens

[fox tail] 01/2/2009 15:15

It looks like 0 rates are on the cards - I sincerely hope they get on with it.

[moneyman18] 25/1/2009 10:28

But GBP fell by 10% just last week !! and thats because they reduced the rates to already low levels; Somehow with the UK being a BIG importer of goods, Surely a weaker GBP will have greater pressure on the economy as a whole; Even when the Dollar was low the US ALWAYS STATED they had a strong dollar policy; So what the hell is NEw Labours Policy here ??

[webberley2] 25/1/2009 09:01

Rates must head down to zero, says MPC memberDavid Smith
DAVID "DANNY" BLANCHFLOWER, the member of the Bank of England's monetary policy committee (MPC) who consistently warned of the danger of recession, believes UK interest rates should "obviously" head down to America's near-zero level.

Blanchflower, in an interview with The Sunday Times, also said that unemployment, now standing at 1.92m, would rise to 3m in a year's time and could go higher.

The economy, he said, would continue to shrink until at least the third quarter of this year, after which it was impossible to forecast with precision.