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Old 02-05-2009, 05:03 AM   #1
DVTimes
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UK reduces interest rates to 1%

UK reduces interest rates to 1%
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Old 02-05-2009, 05:32 AM   #2
StaceyJo
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Bump for some link.
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Old 02-05-2009, 06:25 AM   #3
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Wonder how many banks will pass this on to their variable and tracker mortgage customers...
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Old 02-05-2009, 06:41 AM   #4
Sarah_Jayne
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You can bet they will pass it on to those of us that save though.
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Old 02-05-2009, 06:51 AM   #5
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http://news.bbc.co.uk/1/hi/business/7871932.stm
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Old 02-05-2009, 06:59 AM   #6
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AU has dropped rates by a total of around 2.5% in the past few months, but we're not quite that low yet.

A 1% term deposit would rock, you may as well just stash money under your mattress.
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