bolo Posted 10 November, 2008 Share Posted 10 November, 2008 I'm gutted that the BOE has cut rates. I'm responsible with my money and owe nothing and have savings and an AVC linked to the BOE base rate. This move will cost me.:mad: Exactly. The government are just shafting all the people who have worked and have savings. So many pensioners are going to be out of pocket just because the banks were lending out money to every tom **** and harry.... Link to comment Share on other sites More sharing options...
Thedelldays Posted 10 November, 2008 Author Share Posted 10 November, 2008 Exactly. The government are just shafting all the people who have worked and have savings. So many pensioners are going to be out of pocket just because the banks were lending out money to every tom **** and harry.... are you actually losing money that you have put in or not getting as much extra in interest..? Link to comment Share on other sites More sharing options...
bolo Posted 10 November, 2008 Share Posted 10 November, 2008 Me.... I have a mortgage, so i save money. But all this interest rate cut does is fuel the boom and bust cycle that we currently in! Link to comment Share on other sites More sharing options...
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