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Bank rate up, as 'outrage' occurs over bank profits

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Bank rate up, as 'outrage' occurs over bank profits

Postby rebbonk » Thu Aug 03, 2023 12:28 pm

The bank base rate is now the highest for 15 years, up to 5.25%. Source: https://www.lettingagenttoday.co.uk/breaking-news/2023/8/bank-of-england-reveals-latest-interest-rate-decision

Meanwhile...

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Of course it'll fit; you just need a bigger hammer.
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Re: Bank rate up, as 'outrage' occurs over bank profits

Postby dutchman » Thu Aug 03, 2023 3:01 pm

It's still 3% below the rate of inflation when it should be higher. :stir:
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