Mortgage holders out of pocket, savers nothing cos banks will not do anything for them for ages!!
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where are these people studying economics and where the hell do they get the information for their forcasts from? The UK is virtually bnkrupt and so are most people. Taking more money out of the economy will slow what little growth thereis. Well done
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I remember alliance and Leicester now known as Santander paying 6% on savings back in 2006. I don’t think 0.75 will prompt people to start saving imo.
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Barely a fraction of the savers will any increase in rates being passed on to them whilst all variable tracker rates mortgages will rise.
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Aw I'm sorry for the bwankers that caused this mess. They will have to increase their work load to earn their huge bonuses they earn out if our savings that they give us our miniscule interest on
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I'm sure if you take the interest saves gain, and compare that to the increased costs of borrowing and mortgage interest overall the people are paying alot more not saving.
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Here's how to see what your mortgage repayments will be following this change. Rate change calculator: http://bit.ly/2AF0uae
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Let me guess...higher borrowing, lower savings. Again. We are in a Kleptocracy
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Even with the market factoring in
#Brexit, does it mean that the economy is doing better than expected? The#BankofEngland has raised rates as it must expect inflationary pressures may build up in the economy in the medium term. Is Brexit really bad for the#UK?@lsebrexitvoteThanks. Twitter will use this to make your timeline better. UndoUndo
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It means the government have set their brexit model and it's not good.
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Your calling this a raise ! Obviously early 30’s just be thankful you haven’t lived through 14 and 15 % levels
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For the first time Carney has allowed himself to be duped by "the markets" into raising rates when the economy is still fragile. The only winners will be banks ripping people off and spivs playing the currency markets.
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Good news for home buyers as prices drop bad news for homeowners who paid too much
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