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Is slashing 1.5% off interest rates helpful?

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Quote by Freckledbird

and that's not giving financial advice confused :? :? dunno

No, it's his opinion. Stop being picky :?
Hey! I'm the victim here... wink
Quote by GnV

and that's not giving financial advice confused :? :? dunno

No, it's his opinion. Stop being picky :?
Hey! I'm the victim here... wink
can you hear that noise????
listen , its very faint.....
can you hear it???
the worlds smallest violin :violin:
Quote by DeeCee

and that's not giving financial advice confused :? :? dunno

No, it's his opinion. Stop being picky :?
Hey! I'm the victim here... wink
can you hear that noise????
listen , its very faint.....
can you hear it???
the worlds smallest violin :violin:
rotflmao :rotflmao: :rotflmao:
No wonder people get pissed of with this place rolleyes
Quote by flower411
No wonder people get pissed of with this place rolleyes

Awwwww !! Ya wanted a bigger violin didn`t ya ?? lol :lol: :lol:
:lol: :lol: :lol: :lol: :lol: :lol: :lol: :lol:
Quote by GnV
So you reckon UK Ltd is a good place to invest then Fabio...

I know you not asking me.........BUT if you were the ansswer is yes.....we have a stronger economy than most certainly in europe...the Bristish economy is quite stable....and thou growth worldwide is currently stagnant..when it picks up...we will be in a good position to profit. With things about rock bottom....if you do have spare cash..now is a very good time to invest
Quote by deancannock
So you reckon UK Ltd is a good place to invest then Fabio...

I know you not asking me.........BUT if you were the ansswer is yes.....we have a stronger economy than most certainly in europe...the Bristish economy is quite stable....and thou growth worldwide is currently stagnant..when it picks up...we will be in a good position to profit. With things about rock bottom....if you do have spare cash..now is a very good time to invest
So stable that the banks had to be bailed out to the tune of what was it....£70 billion? dunno
Northern Rock was £ 26 billion and I think the others were bailed out to the tune of £50 billion? That is a shit load of money...our money btw.
My local Comet 5 months ago did a massive refit. It was on one floor now it is on two. Last Saturday we went in there and it was almost empty. Just leading up to Christmas too. The economy is almost on its knees, well certainly the retail side is. One of the leaders being M and S either have or are about to show massive losses.
If I had any money I would leave it under me mattress. lol
Typical! All these self-professed economy experts and not one has recommended the lucrative retail investment of a certain white powder stored in a certain Eastern European state which has church roofs shaped like onions rolleyes
Regardless, I'm so glad I don't have a mortgage any longer! It's akin to be a non-smoker looking down on the smokers freezing their nuts off whilst gathered around public doorways heheheheh
Quote by kentswingers777
So you reckon UK Ltd is a good place to invest then Fabio...

I know you not asking me.........BUT if you were the ansswer is yes.....we have a stronger economy than most certainly in europe...the Bristish economy is quite stable....and thou growth worldwide is currently stagnant..when it picks up...we will be in a good position to profit. With things about rock bottom....if you do have spare cash..now is a very good time to invest
So stable that the banks had to be bailed out to the tune of what was it....£70 billion? dunno
Northern Rock was £ 26 billion and I think the others were bailed out to the tune of £50 billion? That is a shit load of money...our money btw.
My local Comet 5 months ago did a massive refit. It was on one floor now it is on two. Last Saturday we went in there and it was almost empty. Just leading up to Christmas too. The economy is almost on its knees, well certainly the retail side is. One of the leaders being M and S either have or are about to show massive losses.
If I had any money I would leave it under me mattress. lol
There seems to be a general miscomprehension among the public that the treasury have put physical cash into the banking system. Whilst some cash has gone in to prop up the liquidity, most of this rescue package is in the form of guarantees. For this assistance the treasury get a large share holding in the banks.
These are contingent liabilities which in all likelihood will never be called upon. Not to mention in three or four years when the banks recover and are earning profits the government can sell its rock bottom shares in the banks and make a killing.
This could be a fantastic move for the tax payer don’t you agree?
Come on Guys don't be so negative.
Petrol has dropped from £6 / gallon a few months ago down to just over / gallon now. Saving almost £20 on each fillup or about £90 / month.
Mortgage rates have come down massively and with todays cut we will be saving £300 / month since a couple of months ago.
We are £400 / month better off at the moment and feeling positive.
The banks won't pass on the cuts if you are on a fixed rate deal - why should they?
Every cloud has a silver lining and we might all feel a bit better if we tried to look on the positive side a little more instead of ridiculing every move that is made to try to resolve this crisis.
BE POSITIVE - DON'T WORRY, BE HAPPY
Quote by kentswingers777
So you reckon UK Ltd is a good place to invest then Fabio...

I know you not asking me.........BUT if you were the ansswer is yes.....we have a stronger economy than most certainly in europe...the Bristish economy is quite stable....and thou growth worldwide is currently stagnant..when it picks up...we will be in a good position to profit. With things about rock bottom....if you do have spare cash..now is a very good time to invest
So stable that the banks had to be bailed out to the tune of what was it....£70 billion? dunno
Northern Rock was £ 26 billion and I think the others were bailed out to the tune of £50 billion? That is a shit load of money...our money btw.

can I come back on this bit.... maybe we just a "if it doesn't affect britian then we don't read about it" but britian isn't the only country that has happened...
other than iceland, who have been affected the most... banks in the past couple of months have goof bust in france....the dutch and begians have had to prop up banks.... germany have had to... so have italy.... and remember that it was US banks that started this mess....and a few of them have basically been nationalised......
so again, it is not just a british problem, it is a global one.....
Quote by fabio
can I come back on this bit.... maybe we just a "if it doesn't affect britian then we don't read about it" but britian isn't the only country that has happened...

I think you're confusing people with the Yanks on that one! rolleyes
Quote by fabio
So you reckon UK Ltd is a good place to invest then Fabio...

I know you not asking me.........BUT if you were the ansswer is yes.....we have a stronger economy than most certainly in europe...the Bristish economy is quite stable....and thou growth worldwide is currently stagnant..when it picks up...we will be in a good position to profit. With things about rock bottom....if you do have spare cash..now is a very good time to invest
So stable that the banks had to be bailed out to the tune of what was it....£70 billion? dunno
Northern Rock was £ 26 billion and I think the others were bailed out to the tune of £50 billion? That is a shit load of money...our money btw.

can I come back on this bit.... maybe we just a "if it doesn't affect britian then we don't read about it" but britian isn't the only country that has happened...
other than iceland, who have been affected the most... banks in the past couple of months have goof bust in france....the dutch and begians have had to prop up banks.... germany have had to... so have italy.... and remember that it was US banks that started this mess....and a few of them have basically been nationalised......
so again, it is not just a british problem, it is a global one.....
Sorry Fabio but I thought we was talking about the British economy? :dunno:
I am fully aware it is a global one, I was just answering your comment regarding how stable the " British economy " is.
I am no expert on this at all, but I hope that whatever money the banks have been given be it by bonds or cash, or any other means that it does work. Because if it does not then we are in big trouble.
I do notice how quite some of the banks have been today regarding passing on the interest cut to their customers, the last I heard only Lloyds have said they will. Well they better had after all the money they have been given.
Quote by Peanut
can I come back on this bit.... maybe we just a "if it doesn't affect britian then we don't read about it" but britian isn't the only country that has happened...

I think you're confusing people with the Yanks on that one! rolleyes
oh ffs just give it a rest!!!.........sometimes i wonder why... i really do....
In Edit: yes we know you don't like "yanks"..... you have said it countless times..... we get it!!! but where does your snipe add to the conversation....
I promised people i wouldn't "bite"..... but sometimes it just needs to be said
if you want to carry it on.. you know where my pm box is...
Quote by flower411

This could be a fantastic move for the tax payer don’t you agree?

Sorry Minx ...if there was a political party that understood economics, then I`d agree but you can bet anything you like that whichever party has conned the electorate into allowing them to govern this country next time around, they`ll cock it up somehow.
Remember, it was a very popular political party that sold off all the countries assets in the shape of utilities and housing stock and another "opposing" party that continued the trend, eventually selling off a large amount of gold at rock bottom prices.
Nope ... the tax payer will gain nothing and the banks will get richer and gain more control.
Nothing different there then.
The banks are having to go through what millions have had to, by having their balls squeezed tight.
Sorry but I find it very amusing watching the banks squirm.
Why should the Interest rate be cut? this penalises those who have saved & gone without so they can have a good future/retirement from their savings without living off the state.
It benefits those both businesses & private individuals who have spent more than they should & have been reckless with someone elses (Banks) money overextending themselves into big houses and unfeasable business loans.
Ducking behind sofa biggrin
Quote by Peanut
Typical! All these self-professed economy experts and not one has recommended the lucrative retail investment of a certain white powder stored in a certain Eastern European state which has church roofs shaped like onions rolleyes
Regardless, I'm so glad I don't have a mortgage any longer! It's akin to be a non-smoker looking down on the smokers freezing their nuts off whilst gathered around public doorways heheheheh

Love it!! :thumbup:
Quote by Theladyisaminx
So you reckon UK Ltd is a good place to invest then Fabio...

I know you not asking me.........BUT if you were the ansswer is yes.....we have a stronger economy than most certainly in europe...the Bristish economy is quite stable....and thou growth worldwide is currently stagnant..when it picks up...we will be in a good position to profit. With things about rock bottom....if you do have spare cash..now is a very good time to invest
So stable that the banks had to be bailed out to the tune of what was it....£70 billion? dunno
Northern Rock was £ 26 billion and I think the others were bailed out to the tune of £50 billion? That is a shit load of money...our money btw.
My local Comet 5 months ago did a massive refit. It was on one floor now it is on two. Last Saturday we went in there and it was almost empty. Just leading up to Christmas too. The economy is almost on its knees, well certainly the retail side is. One of the leaders being M and S either have or are about to show massive losses.
If I had any money I would leave it under me mattress. lol
There seems to be a general miscomprehension among the public that the treasury have put physical cash into the banking system. Whilst some cash has gone in to prop up the liquidity, most of this rescue package is in the form of guarantees. For this assistance the treasury get a large share holding in the banks.
These are contingent liabilities which in all likelihood will never be called upon. Not to mention in three or four years when the banks recover and are earning profits the government can sell its rock bottom shares in the banks and make a killing.
This could be a fantastic move for the tax payer don’t you agree?If Labour are still in power, they'll only squander it like everything else - where is all this cash going ffs? :dunno:
Quote by fabio
So you reckon UK Ltd is a good place to invest then Fabio...

I know you not asking me.........BUT if you were the ansswer is yes.....we have a stronger economy than most certainly in europe...the Bristish economy is quite stable....and thou growth worldwide is currently stagnant..when it picks up...we will be in a good position to profit. With things about rock bottom....if you do have spare cash..now is a very good time to invest
So stable that the banks had to be bailed out to the tune of what was it....£70 billion? dunno
Northern Rock was £ 26 billion and I think the others were bailed out to the tune of £50 billion? That is a shit load of money...our money btw.

can I come back on this bit.... maybe we just a "if it doesn't affect britian then we don't read about it" but britian isn't the only country that has happened...
other than iceland, who have been affected the most... banks in the past couple of months have goof bust in france....the dutch and begians have had to prop up banks.... germany have had to... so have italy.... and remember that it was US banks that started this mess....and a few of them have basically been nationalised......
so again, it is not just a british problem, it is a global one.....
Which bank in France went bust? :dunno:
Quote by flower411
can I come back on this bit.... maybe we just a "if it doesn't affect britian then we don't read about it" but britian isn't the only country that has happened...

I think you're confusing people with the Yanks on that one! rolleyes
oh ffs just give it a rest!!!.........sometimes i wonder why... i really do....
In Edit: yes we know you don't like "yanks"..... you have said it countless times..... we get it!!! but where does your snipe add to the conversation....
I promised people i wouldn't "bite"..... but sometimes it just needs to be said
if you want to carry it on.. you know where my pm box is...
Give what a rest ???
You started the patronising by suggesting that British/English...whatever people were failing to see that it was a global problem !!!
Why do you get so uppity when somebody points out an opposing view !!!because he can...
Quote by Theladyisaminx
There seems to be a general miscomprehension among the public that the treasury have put physical cash into the banking system. Whilst some cash has gone in to prop up the liquidity, most of this rescue package is in the form of guarantees. For this assistance the treasury get a large share holding in the banks.
These are contingent liabilities which in all likelihood will never be called upon. Not to mention in three or four years when the banks recover and are earning profits the government can sell its rock bottom shares in the banks and make a killing.
This could be a fantastic move for the tax payer don’t you agree?

OK who are you and how do you know Minx' login details? lol
Quote by flower411

There seems to be a general miscomprehension among the public that the treasury have put physical cash into the banking system. Whilst some cash has gone in to prop up the liquidity, most of this rescue package is in the form of guarantees. For this assistance the treasury get a large share holding in the banks.
These are contingent liabilities which in all likelihood will never be called upon. Not to mention in three or four years when the banks recover and are earning profits the government can sell its rock bottom shares in the banks and make a killing.
This could be a fantastic move for the tax payer don’t you agree?

OK who are you and how do you know Minx' login details? lol
Looks like Mr Minx wrestled the keyboard off her for a moment there !!! :lol:
Ahhhh, is that it? :lol:
Quote by flower411

There seems to be a general miscomprehension among the public that the treasury have put physical cash into the banking system. Whilst some cash has gone in to prop up the liquidity, most of this rescue package is in the form of guarantees. For this assistance the treasury get a large share holding in the banks.
These are contingent liabilities which in all likelihood will never be called upon. Not to mention in three or four years when the banks recover and are earning profits the government can sell its rock bottom shares in the banks and make a killing.
This could be a fantastic move for the tax payer don’t you agree?

OK who are you and how do you know Minx' login details? lol
Looks like Mr Minx wrestled the keyboard off her for a moment there !!! :lol:
I reckon she googled it meself Flower. :lol: :lol:
Quote by CambsMan
Why should the Interest rate be cut? this penalises those who have saved & gone without so they can have a good future/retirement from their savings without living off the state.
It benefits those both businesses & private individuals who have spent more than they should & have been reckless with someone elses (Banks) money overextending themselves into big houses and unfeasable business loans.
Ducking behind sofa biggrin

My earlier point exactly CambsMan.. the second side to the coin :thumbup:
Quote by fabio
can I come back on this bit.... maybe we just a "if it doesn't affect britian then we don't read about it" but britian isn't the only country that has happened...

I think you're confusing people with the Yanks on that one! rolleyes
oh ffs just give it a rest!!!.........sometimes i wonder why... i really do....
In Edit: yes we know you don't like "yanks"..... you have said it countless times..... we get it!!! but where does your snipe add to the conversation....
I promised people i wouldn't "bite"..... but sometimes it just needs to be said
if you want to carry it on.. you know where my pm box is...
Surprisingly enough I wasn't the one who invented the Fortress America ethos, so I find it rather hypocritical when an American falsely accuses the Brits of the very thing that has landed the US in the crapper.
Ironic, yet hypocritical. Most Americans only know about events in other countries when their troops invade it!
Quote by Peanut
Most Americans only know about events in other countries when their troops invade it!

Same could be said of the Brits as well. Mind you, didn't a poll of Brits show that over 50% of them did not know where milk or potatoes come from lol
Dave_Notts
Quote by Dave__Notts
Most Americans only know about events in other countries when their troops invade it!

Same could be said of the Brits as well. Mind you, didn't a poll of Brits show that over 50% of them did not know where milk or potatoes come from lol
Dave_Notts
The local Spar?
Quote by fabio
In Edit: yes we know you don't like "yanks"..... you have said it countless times..... we get it!!!

In hindsight this needs some clarification as a response.
No I don't dislike "yanks", I don't know most of them. I dislike "America". Its group attitude, its arrogance and its way of doing things.
Most Yanks I have met on a personal level I have liked (or mostly anyway). I had an ex-girlfriend who was American, I even liked her.
Or put another way, I stayed near San Francisco a couple of years ago. I wasn't there on a tourist package, I lived there as if I was a resident for a month (end of June to end of July so saw all the overdone patriotism). I saw the real thing, not the touristy places. And do you know? I felt more out of place there than I have ever done in Europe (or indeed anywhere else in the world) in spite of the fact I didn't speak the European languages.
I also discovered that the US was the only country I've ever had to enter barefoot and put up with being glowered at by the TSA fuckwits.
I was amazed at the low-level brainwashing that is a constant on US TV, the fake smiles everywhere I went, everything seems to be a facade; from the scripted responses from shop assistants to the waxed and polished apples in the produce departments.
Now I'm not saying it's right to dislike America, neither am I saying that it's wrong to dislike it. My own personal opinion is that I dislike America. That dislike is based on personal observation, both from a distance and from close-up. It is not based on waking up one morning and deciding to not like them.
So there it is, out in the open, so now you will know exactly where I'm coming from so now you can accurately put words in my mouth. rolleyes
Quote by Peanut
That dislike is based on personal observation, both from a distance and from close-up. It is not based on waking up one morning and deciding to not like them.

So Islamic/Christian/BNP/Nazis* (delete as required) fundamentalists could use this as a reason to do and say what they want?
Bollox.
Dave_Notts
Quote by Dave__Notts
That dislike is based on personal observation, both from a distance and from close-up. It is not based on waking up one morning and deciding to not like them.

So Islamic/Christian/BNP/Nazis* (delete as required) fundamentalists could use this as a reason to do and say what they want?
Bollox.
Dave_Notts
No, they can use it to dislike or not dislike as they want. Who said anything about doing anything about it? And yes they should be able to say something about it.
I dislike my ex-wife but she's still up and walking around with no paper airplanes stuck in her bra. rolleyes