'Mortgages to soar and interest rates to quadruple in a year¿ warns Bank of England | Mail Online
AtW will be over the moon.
AtW will be over the moon.
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whsNo one cries for me when my rent goes up -
Does this mean the real inflation rate is in 3 figures now?
I've just bought a budget camera for £20 more than it cost 6 months ago, and as it turned out this 1 year old camera was the best model I could find for a budget price.Comment
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Don't wages need to rise for inflation to happen?Originally posted by DimPrawn View PostLet us not forget EU open doors immigration benefits IT contractors more than anyoneComment
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No they don't.Originally posted by DodgyAgent View Post
People will just be buying less stuff than they did before. Companies supplying goods or services that are discretionary will go out of business.Comment
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Margins are fallingOriginally posted by DimPrawn View Post
Let us not forget EU open doors immigration benefits IT contractors more than anyoneComment
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Even if interest rates quadruple, 2% is still very, very low.
If that is the straw that breaks the camel's back it just goes to show just how ****ed up the country is. Still, where in the world isn't ****ed up at the moment?Comment
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WHSOriginally posted by Gonzo View Post
People borrowed when interest rates were 5%+, they should be glad interest rates don't go up to 10%.
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Bring on the 5%+ rates... then I'll grab myself a few more bargains from the repo-man to rent out
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