Archive for August 23rd, 2010
Interest Rates to Reach 8%
Monday, August 23rd, 2010Inflation in Britain is expected to reach 10% and to stop further rises will require interest rates of at least 8%.
But there is no relief for savers. As interest rates continue to drag against inflation, savings will contract in real terms.
And savers have every reason to feel angry. Most “Buy to Let” landlords should now be […]