Bank of England sets interest rates as Brexit looms; EC cuts growth forecasts - business live

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Rolling coverage of the latest economic and financial news, including the final Bank of England inflation report before Brexit Day

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Give us savers a break and raze the interest rate to 5 percent

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Bank of England sets interest rates as Brexit looms and house prices slide - business liveRolling coverage of the latest economic and financial news, including the final Bank of England inflation report before Brexit Day Housing market has been stimulated by debt that can never be paid back. It is only a matter of time before the bubble bursts. The article seems counter-intuitive. Low supply normally means prices go up....not down. If prices are going down, it is not a supply issue - it is all the other uncertainty - or they are basically overpriced.
Source: The Guardian - 🏆 84. / 53 Read more »