LATEST NEWS

10/04/08 - Interest Rates Fall Again

Following previous rate cuts the Bank of England Monetary Policy Committee has reduced the base rate by a further .25% to a level of 5%.

This is clearly an effort to install a measure of confidence in the economy and is welcome news for borrowers, assuming of course the rate cut is passed on.   Some lenders have already cut rates to their customers, but it remains to be seen how many will follow.

BACK