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ThisisBigBrother.com - UK TV Forums > Non Big Brother Chat > Serious Debates & News > Interest Rate Cut to 5% (1/Aug/24)
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Old 01-08-2024, 11:05 AM #1
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Default Interest Rate Cut to 5% (1/Aug/24)
It was 5:25%

So this is now the start of going down

Labour now in power
Last edited by arista; 01-08-2024 at 11:05 AM.
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Old 01-08-2024, 11:05 AM #2
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Old 01-08-2024, 11:14 AM #3
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This was sort of expected last month.
It was only really held off until after the election.
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Old 01-08-2024, 09:49 PM #4
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Old 01-08-2024, 09:50 PM #5
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Old 01-08-2024, 11:18 PM #6
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Default Interest Rate Cut to 5% (1/Aug/24)
Before you Labour lovers get all excited ..

The drop if you have a £125,000 mortgage means you will pay just under £17 less each month ( £4.25 week)


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Old 01-08-2024, 11:22 PM #7
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Yes could be another cut
to 4:75%, next month.
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Old 01-08-2024, 11:23 PM #8
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Quote:
Originally Posted by arista View Post
Yes could be another cut
to 4:75%, next month.

Wow

Another £4 a week


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Old 02-08-2024, 06:20 AM #9
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Sunak must be kicking himself he called the Genereal Election so early.
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