Date: Thu, 10 Jun 2004 18:59:01 +0100
From: GSV Three Minds in a Can
Newsgroups: uk.finance
Subject: Re: Bank base rate now 4.5%
Bitstring <8%1yc.146$LX3.35@newsfe4-gui>, from the wonderful person
D.A.L. said
>> The Bank of England has increased interest rates by a quarter of a
>> percentage point for the second month in a row, taking them to 4.5%.
>>
>> http://news.bbc.co.uk/1/hi/business/3793265.stm
>>
>
>And the majority of people in a BBC poll reckon that by this time next year
>rates will be at 6%. Still 1.5% lower than they were shortly after when
>Labout came to power in 97 and much lower than they were on average during
>the Conservative governments of Thatcher and Major. I hate to say it but
>Brown must be doing something right.
He did =one= thing right - he gave the rate-setting duty to the Bank of
England, and got out of the loop.
--
GSV Three Minds in a Can
Outgoing Msgs are Turing Tested,and indistinguishable from human typing.
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