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Totally utterly doomed. Official.

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    Totally utterly doomed. Official.

    http://news.bbc.co.uk/1/hi/business/7264803.stm

    The Bank of England's deputy governor has said the outlook for the UK economy in 2008 has "changed dramatically".

    Rachel Lomax said there was uncertainty over the full impact of "the largest ever peacetime liquidity crisis".


    Thank god BTL is immune.

    #2
    Originally posted by DimPrawn View Post
    Rachel Lomax said there was uncertainty over the full impact of "the largest ever peacetime liquidity crisis".

    Is this to do with the chavs' ability to get cheap special brew at asda?

    Comment


      #3
      Yeah we know most people bought BTL with their bonuses.

      Bizzare times when BoE interest rates are much lower than savings rates (I've just opened a 6.5% instant access account) or loan rates, anyone would think they had lost control and the banks had decided rates should be higher
      The court heard Darren Upton had written a letter to Judge Sally Cahill QC saying he wasn’t “a typical inmate of prison”.

      But the judge said: “That simply demonstrates your arrogance continues. You are typical. Inmates of prison are people who are dishonest. You are a thoroughly dishonestly man motivated by your own selfish greed.”

      Comment


        #4
        Originally posted by Bagpuss View Post
        Yeah we know most people bought BTL with their bonuses.

        Bizzare times when BoE interest rates are much lower than savings rates (I've just opened a 6.5% instant access account) or loan rates, anyone would think they had lost control and the banks had decided rates should be higher
        Risk has been socialised; therefore the banks can do as they please.

        Comment

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