‘Interest Rates’ News

The Savings Rate Debate

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Posted 2008-01-12

With the Bank of England’s recent interest rate cut, many investors with money in a savings account have unfortunately seen their savings rate cut as well, by more than the .25% interest rate cut. Some of these lenders include Alliance...

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Bank of England’s Lack of Interest Rate Cut Impacts Consumers

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Posted 2008-01-2

Contrary to what many industry commentators expected, the Bank of England decided not to cut the base interest rate for the month. Ray Boulger, of John Charchol, suggested that may result in increased payments for mortgage holders; he approximates consumers...

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