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_jase_
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Millions of savers are braced for zero per cent accounts within days as the Bank of England is poised to cut interest rates to the lowest level in its 315-year history.Experts have warned the return on savings could plumb new depths with the Bank expected to take unprecedented steps to regain control over the economy. They widely believe the Bank will reduce borrowing costs to below their 2 per cent level - and possibly all the way down to 1 per cent - in its first meeting of the year next week. More than 7 million people have saving accounts which already pay interest of 1 per cent or less. If a cut is passed on in full by banks, these accounts will dive towards negative territory for the first time on record. ---CLICK HEAR---
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Joined: Jan 2005
Posts: 8,797
Wiki Veteran
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Wiki Veteran
Joined: Jan 2005
Posts: 8,797 |
noooo! i have saved £55 quid so far
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Joined: Oct 2008
Posts: 5,210
Forum Veteran
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Forum Veteran
Joined: Oct 2008
Posts: 5,210 |
won't bother me I've got my millions in same Icelandic banks as wirral Borough Council
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_jase_
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_jase_
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noooo! i have saved £55 quid so far more than me mate lol
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Joined: Aug 2006
Posts: 2,875
Forum Master
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Forum Master
Joined: Aug 2006
Posts: 2,875 |
noooo! i have saved £55 quid so far more than me mate lol
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Joined: Jul 2007
Posts: 2,888
Forum Master
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Forum Master
Joined: Jul 2007
Posts: 2,888 |
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