2009 a Recession or a Full-Blown Depression ?
Judging by the press consensus leading into the start of the New Year’s trading, this will depend upon Banks’ attitude and lending practices going forward. A continued squeeze on Credit availability (as witnessed by Friday’s BoE report) will cause the downturn to be far more severe and drawn-out than in previous recessions. The BoE latest [...]
January 5, 2009
Tags: BoE, consolidate debt loans, Credit Crunch, falling interest rates, Interest Rates, Loan calculator Posted in: Uncategorized 
No Comments
UK inflation data weaker than expected by mortgage refinanciers
A report showing that UK inflation slowed, will make it less likely that the Bank of England will increase interest rates. The central bank will release new forecasts for inflation and growth this morning. Eurozone gross domestic product expanded 0.9 per cent in the fourth quarter, moving the annual rate to 3.3 per cent. In [...]
February 14, 2007
Tags: BoE, FED, mortgage calculator, UK loans rates Posted in: Uncategorized No Comments
