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....“The recovery in the housing market has stumbled during the past year with sales declining in all regions,” said Andy Mason of Lloyds Bank. “Despite record low interest rates and government schemes, such as Help to Buy, sales remain significantly below the levels seen at the height of the last housing boom. ... [Read full article on Guardian ]
Wednesday 21st of June 2017 05:01:21 AM
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....Some contributing factors are generally acknowledged. During the crisis and its immediate aftermath, when banks’ efforts to rebuild capital constrained new lending, ultra-low interest rates kept some firms’ heads above water, and their managers retained employees, despite making a relatively low return. ... [Read full article on Guardian ]
Wednesday 21st of June 2017 08:32:56 AM
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.... Hargreaves Lansdown said that while the FTSE 100 was up 18% over the past year, UK focused retailers Dixons Carphone and Next had suffered big falls, with shares down 29% and 27% respectively. Cash savers were also cited in the report as losers from the Brexit vote, because of a combination of low interest rates and higher inflation. ... [Read full article on Guardian ]
Thursday 22nd of June 2017 11:01:08 PM
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....Europe and the IMF have been unable to reconcile two views of Greece’s debt sustainability, with the two sides’ differences spilling over into the public domain. Guided mainly by a cash-flow analysis, European authorities argue that low interest rates and long maturities have made the nation’s debt sustainable. ... [Read full article on Guardian ]
Thursday 22nd of June 2017 08:29:31 AM
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....The South East has fared particularly well, with seven of the 10 biggest property price rises since March 2009. Across London, average house price growth has been particularly strong during this unprecedented time of record low interest rates, with prices rising on average 90. ... [Read full article on Daily Express ]
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Latest Finance News related to Low Interest Rate

One year on from Brexit vote: business's winners and losers image
Source : Guardian [Read Article] Thursday 22nd of June 2017 11:01:08 PM
.... Hargreaves Lansdown said that while the FTSE 100 was up 18% over the past year, UK focused retailers Dixons Carphone and Next had suffered big falls, with shares down 29% and 27% respectively. Cash savers were also cited in the report as losers from the Brexit vote, because of a combination of low interest rates and higher inflation. ...
Greek debt: IMF and EU's quick fix isn't enough | Mohamed El-Erian image
Source : Guardian [Read Article] Thursday 22nd of June 2017 08:29:31 AM
....Europe and the IMF have been unable to reconcile two views of Greece’s debt sustainability, with the two sides’ differences spilling over into the public domain. Guided mainly by a cash-flow analysis, European authorities argue that low interest rates and long maturities have made the nation’s debt sustainable. ...
Why is productivity so low since the crisis – particularly in the UK? | Howard Davies image
....Some contributing factors are generally acknowledged. During the crisis and its immediate aftermath, when banks’ efforts to rebuild capital constrained new lending, ultra-low interest rates kept some firms’ heads above water, and their managers retained employees, despite making a relatively low return. ...
House sales have fallen by nearly a third in some parts of UK, says Lloyds image
....“The recovery in the housing market has stumbled during the past year with sales declining in all regions,” said Andy Mason of Lloyds Bank. “Despite record low interest rates and government schemes, such as Help to Buy, sales remain significantly below the levels seen at the height of the last housing boom. ...
Record low interest rates send house prices SOARING for homeowners image
Source : Daily Express [Read Article] Wednesday 21st of June 2017 12:01:00 AM
....The South East has fared particularly well, with seven of the 10 biggest property price rises since March 2009. Across London, average house price growth has been particularly strong during this unprecedented time of record low interest rates, with prices rising on average 90. ...
UK economy falls to bottom of EU growth league image
Source : Guardian [Read Article] Thursday 8th of June 2017 05:33:45 PM
....That suggested policymakers would be in no hurry to withdraw the stimulus they have been providing to the eurozone after the global financial crash of 2008-9 and the eurozone debt crisis of 2012. That broad package of measures, includes printing electronic money to buy bonds and record low interest rates. ...
Take a bow Mario Draghi – has the ECB chief saved the eurozone? image
Source : Guardian [Read Article] Thursday 8th of June 2017 02:21:01 PM
.... The fact that they weren’t was due to Draghi’s insistence in July 2012 that the ECB would do “whatever it takes” to defend the euro. It is clear, however, that ultra-low interest rates and QE are generating the same sort of labour market recovery as in the US and the UK: 5 million jobs have been created in the past three and a half years in the eurozone, but as Draghi admitted on Thursday many of them are low quality, part-time or temporary posts. ...
Cash savers losing interest over low returns image
Source : Daily Express [Read Article] Wednesday 7th of June 2017 09:17:00 AM
....5 per cent, has subsequently earned just £40 interest on average. That shows the dire impact that low interest rates have had on everyday savers, many of whom are elderly, ruining their retirement plans. ...
Car insurance costs to rocket as tax hike comes into force tomorrow image
Source : Daily Express [Read Article] Wednesday 31st of May 2017 08:46:00 AM
.... Another controversial Government decision in March also drove up premiums, with a change in the compensation rates for injured motorists, adding another £75 to the yearly cost. McCulloch says low interest rates and natural swings have also played a part: "But the hyperinflation caused by these governmental changes has pushed up the cost of driving disproportionately. ...
BT considering closing defined-benefit pensions scheme for existing staff image
.... BT’s £50bn pensions scheme was found to have aa deficit of about £7bn at the last formal review in 2014. However, very low interest rates and an ageing membership means that deficit may have risen to as much as £14bn. ...
What's the best way of paying off my interest-only mortgage? image
Source : Guardian [Read Article] Thursday 25th of May 2017 06:00:21 AM
....49%). I regularly save 20%-28% of our monthly income in a savings account offering a low interest rate. ...
Nation of savers: Brits have £1.5 billion in piggy banks or coin jars image
Source : Daily Express [Read Article] Wednesday 24th of May 2017 12:45:00 PM
....When asked why they collect money in a piggy bank or penny jar, 58 per cent said it was a good way to save, over half (53 per cent) did so because they do not like carrying loose change, while just under a quarter (24 per cent) use the savings for treats. One in seven people use coin jars to save for something special and 12 per cent said putting money into a savings account was a waste of time due to low interest rates. ...
The economy is stagnant because people fear for the future | Robert Shiller image
.... People might be increasingly reluctant to spend today because they have vague fears about their long-term employability – fears that may not be uppermost in their minds when they answer consumer confidence surveys. If that is the case, they might increasingly need stimulus in the form of low interest rates to keep them spending. ...
Nationwide profits hit by low interest rates image
Source : BBC [Read Article] Tuesday 23rd of May 2017 07:20:53 AM
.... Nationwide said it kept rates unchanged on some savings accounts while passing on the rate cut to its mortgage customers. Mr Rennison said: "We chose to protect savers from the full effects of last summer's interest rate cut, knowing that this would reduce our full year profitability in the continuing low interest rate environment, but considering this to be in our members' best interests. ...
LEASEHOLDER heavily penalised after honest payment slip    image
Source : Daily Express [Read Article] Monday 22nd of May 2017 07:54:00 PM
....The devil is always in the detail, but John was unsure whether interest could be charged on the unpaid service fee, and how the £133 for that was arrived at. We agreed, especially given how low interest rates are at the moment, and asked Rendall and Rittner to explain its actions and calculations. ...
Forget Brexit, the real challenge is creating enough wealth for an ageing population image
.... The slower the economy grows the tougher these choices become. Getting the big picture right is part of the story, and the mix of ultra-low interest rates and austerity used since 2010 has not worked. ...
British shoppers go on spring spree – but the outlook may be chillier | Larry Elliott image
....This, though, does not square with what happened in the first few months of 2017, when consumers did seem to be tightening their belts after spending freely in the second half of 2016. Despite record levels of employment and ultra-low interest rates, there was a marked slowdown in retail activity. ...
Labour gambles on tax and spend – but will the public back it? | Larry Elliott image
.... That gamble is necessary because Labour’s tax increases only cover day-to-day spending and not investment in public infrastructure of £25bn a year. Labour believes that the failure of the Conservatives to get the budget deficit down despite year after year of austerity has made it possible to make the case for a different approach under which McDonnell would take advantage of low interest rates to borrow to invest. ...
Global stock markets: what's driving the record rises – and will they continue? image
....In the UK, the Bank of England last week suggested rates may rise sooner than the market expected, but economists believe there will be no move until 2019. And with low interest rates and bond yields, investors searching for growth have little option but to continue buying equities. ...
FTSE 100 closes at another record high image
Source : BBC [Read Article] Monday 15th of May 2017 08:08:53 AM
....17 a barrel. Laith Khalaf, at Hargreaves Lansdown, said: "The UK stock market hasn't been fazed by the general election, and continues to perform strongly against a backdrop of low interest rates and an improving global economy. ...
Is Labour's manifesto living in fantasy land? Quite the opposite | Larry Elliott image
.... Labour plans to broaden stamp duty to a wider range of financial instruments, including derivatives, which will raise £5bn and help lessen volatility. There is a recognition that macro-economic policy since the crisis has been flawed, with far too much emphasis on ultra-low interest rates and quantitative easing and too little on tax and spending measures. ...
The German economy is unbalanced – but Trump has the wrong answer image
.... One answer is to get out of Trump’s sights. A better answer, offered by the International Monetary Fund, is that doing so would be good for a world economy in which investment is in short supply, as evidenced by record-low interest rates. ...
Drive carefully – I can see a credit car crash up ahead | Phillip Inman image
.... Cash purchases for the legion of souped-up shiny 4x4s, SUVs and estate cars that populate Britain’s streets are almost unknown. The boom in debt-financed car sales stems from the convergence of ultra-low interest rates and falling oil prices, which almost halved in 2014. ...
Shock chart reveals savers face 'dual onslaught' of misery wiping billions off cash pots image
....co. uk, said: "Savers and investors in the UK are facing a dual onslaught from low interest rates and high fees. ...
The Guardian view on the Bank of England: independence and accountability | Editorial image
.... As well as taking on this macro-prudential role, the Bank became more political. Theresa May used her party conference speech last year to note that ultra-low interest rates and QE have consequences for the distribution of income. ...
‘There is significant risk’ UK facing debt bubble as Britons borrow another £1.6BILLION image
....And the National Debtline said it has experienced its busiest first quarter in 2017 for years, as more people struggled to cope with financial matters. It is feared more people have been persuaded to take on debts after years of ultra low interest rates, which have led to record 0 per cent balance transfer and spending period credit cards. ...
UK car sales drop by a fifth after tax changes and price rises image
Source : Guardian [Read Article] Thursday 4th of May 2017 10:27:22 AM
....Sue Robinson, director of the National Franchised Dealers Association, said the slump was not a surprise. “April is always one of the weakest months for new retail but with record low interest rates and record high employment levels consumer demand remains high,” she said. ...
Britons earning below £30,000 lose out after making THIS savings mistake image
Source : Daily Express [Read Article] Wednesday 3rd of May 2017 02:23:00 PM
....Helen Morrissey, Personal Finance Specialist at Royal London, said: "Saving in cash clearly has a part to play for short-term emergencies and rainy day savings. "But a combination of low interest rates and rising inflation means that money in a cash ISA is losing spending power, year after year. ...
FTSE firms face pension 'difficulty' image
Source : BBC [Read Article] Monday 1st of May 2017 07:37:03 AM
....The deficit of all UK private sector pension schemes was unchanged at £182bn, JLT found. They "remain high due to quantitative easing and record low interest rates," Mr Cowling said. ...
Weak pound melts the British dream of a place in the sun image
Source : Guardian [Read Article] Friday 28th of April 2017 04:03:49 PM
.... “The pound-euro exchange rate has a bigger effect on people at the lower end of the market, in the €200,000-€400,000 price range,” says Chris Clover, head of Panorama Properties in Marbella, southern Spain. “Those with more money can take advantage of low interest rates to hedge against the weak pound. ...
Donald Trump 100 days: Is the president making it CHEAPER to buy US property? image
Source : Daily Express [Read Article] Friday 28th of April 2017 12:09:00 PM
.... . Despite being very vocal in his criticism of the Federal Reserve and its low interest rate policy during his campaign, the president recently indicated that he would prefer borrowing costs to stay lower. ...
Lloyds Bank's profits rise despite 'challenging' times image
Source : BBC [Read Article] Thursday 27th of April 2017 06:33:36 AM
....4% when it was bailed out by the taxpayer at the height of the financial crisis. Analysts said the firm was exposed to record low interest rates, which make it harder for banks to increase profits, and the health of the UK economy. ...
Stock markets surge to new highs ahead of Trump's tax reform plan image
Source : Guardian [Read Article] Tuesday 25th of April 2017 05:35:25 PM
....”. As well as the relief rally over the Macron result, the prospect of an end to the ECB’s bond-buying programme and low interest rate measures saw the euro hit a two-week high against the pound, up 0. ...
Bubble, bubble, toil and trouble: why ultra-low mortgage rates are dangerous | Jonn Elledge image
....That would obviously be very sad for those who are affected; for those shut out of home ownership, though, it may be no bad thing. That’s because nine years of record-low interest rates have probably contributed to the fact that house prices have soared out of reach; and higher prices have meant increasingly unattainable deposits. ...
Family matters image
Source : BBC [Read Article] Sunday 23rd of April 2017 12:51:12 AM
.... Mortgage interest costs for homeowners born in the early 1980s amounted to just 15% of income. Of course, the low interest rates that have benefitted homeowners are themselves likely to be one of the factors pushing up house prices. ...
IMF ratchets up UK economic growth forecast to 2% image
Source : Guardian [Read Article] Tuesday 18th of April 2017 01:00:29 PM
.... The adverse medium-term impact on growth would be lower if the two years of negotiations avoided putting up new economic barriers. The IMF said record low interest rates of 0. ...
Higher interest rates. Great idea. Here’s why it won’t happen image
Source : Guardian [Read Article] Saturday 15th of April 2017 04:00:06 PM
.... Who can argue against higher interest rates if they prevent the collapse of final salary pension schemes?. At the International Monetary Fund’s spring meeting this week, managing director Christine Lagarde is expected to highlight how another decade of ultra-low interest rates will depress growth and pose dangers for global financial stability. ...
Is business starting to get spooked about Donald Trump? | Larry Elliott image
Source : Guardian [Read Article] Thursday 13th of April 2017 12:36:22 PM
....The FPC’s concern is that too much unsecured lending is going on: too much credit card debt; too many payday loans; too many cars being bought on attractive-looking finance deals. It wants lenders to be more cautious because it knows that all the conditions are in place for a credit card crash: ultra-low interest rates, a strong labour market, lenders vying with each to offer the tastiest deals and inflation rising faster than wages. ...
Donald Trump: China 'not a currency manipulator' image
Source : BBC [Read Article] Wednesday 12th of April 2017 10:59:49 PM
....". Mr Trump has been highly critical of Ms Yellen in the past, saying that the Fed's low interest rate policy had hurt savers. ...
NS&I launches new market-leading investment bond with rate of 2.2 per cent image
Source : Daily Express [Read Article] Wednesday 12th of April 2017 12:01:00 AM
....“With its market-leading rate of 2. 2%, the investment bond will provide a valuable boost for savers who have been affected by low interest rates. ...
Student loan interest rate set to rise by a third after UK inflation surge image
....1%. The rise in inflation, driven by a decline in the value of the pound since June, means students will be charged substantially more interest on their loans, despite the fact that many other consumers are benefiting from record low interest rates. ...
'Scant reward for savers!': New Government NS&I bond blasted by critics image
Source : Daily Express [Read Article] Tuesday 11th of April 2017 03:54:00 PM
....“With its market-leading rate of 2. 2 per cent, the Investment Bond will provide a valuable boost for savers who have been affected by low interest rates. ...
Government launches ‘market-leading’ savings account image
Source : Guardian [Read Article] Tuesday 11th of April 2017 03:25:30 PM
....As this is online only, there will be no paper documents sent out, but people will be able to log in to view and manage their investment. The Treasury said the new product “will provide a valuable boost for savers who have been affected by low interest rates”, pointing out that the average three-year, fixed-rate bond pays 1. ...
WARNING: Free bank accounts to END, warns IMF in yet ANOTHER blow to hard-working Britons image
....If growth and rates continues to stay relatively low, banks are likely to change product fees, predicted the fund. In an investigation on a continued low interest rate global economy the IMF said: “Banking in advanced economies may evolve toward provision of fee-based and utility services. ...
Co-op Bank receives takeover 'proposals' image
Source : BBC [Read Article] Friday 7th of April 2017 08:03:17 AM
....The Co-op Bank put itself up for sale in February after it was unable to reach a strong enough footing to satisfy regulatory requirements. It blamed low interest rates and the higher-than-expected cost of its turnaround plan for its failure to meet the PRA's rules. ...
Is there a housing bubble or isn't there? | Greg Jericho image
Source : Guardian [Read Article] Wednesday 5th of April 2017 02:00:07 PM
.... The ratio of debt-to-asset values is well down on the record highs of three years ago:. Partly this is because the price of houses (assets) has been rising faster than the level of debt, and because, with low interest rates, people are able to pay off the debt quicker. ...
Premium Bond winners to FALL in May: Savers warned as returns tumble image
Source : Daily Express [Read Article] Tuesday 4th of April 2017 04:21:00 PM
....NS&I (National Savings and Investments) is also slashing rates from May 1 on its Direct Isa, Direct Saver and Income Bonds. Amid low interest rates, it means there are fewer options for savers. ...
The UK must not let this Brexit crisis go to waste. Nor must the EU image
Source : Guardian [Read Article] Friday 31st of March 2017 01:53:07 PM
.... Up to a point that’s true, but it ignores the fact that the recovery since the financial crash is built on unsound foundations. The feelgood factor is the result of ingesting large doses of monetary happy pills; ultra-low interest rates and quantitative easing. ...
London will remain Europe’s financial capital despite Brexit | Nils Pratley image
....Lloyd’s financial figures for 2016 were the secondary story, but should not be ignored. Not for the first time, they told a tale of specialist insurance risk being seriously mis-priced in a world of low interest rates. ...
UK's borrowing binge is worrying the Bank of England image
Source : Guardian [Read Article] Monday 27th of March 2017 02:29:00 PM
.... Unemployment is low and the past couple of years have seen chunky increases in real disposable income. Lenders are in better financial shape than they were during the financial crisis and many households have used a prolonged period of ultra-low interest rates to improve the state of their finances. ...
UK banks asked to draw up plans to show they are prepared for Brexit image
Source : Guardian [Read Article] Monday 27th of March 2017 09:26:41 AM
.... Risks from Britain’s commercial property sector have also been reduced after a fall in prices, the FPC said. The Bank’s stress tests on seven leading lenders this year will for the first time include an exploratory scenario that will examine banks’ resilience over seven years of weak global growth, low interest rates and high legal costs and fines for misconduct, and look at the viability of their business models. ...
Populism is the result of global economic failure image
Source : Guardian [Read Article] Sunday 26th of March 2017 01:23:10 PM
.... It hardly seems strange that workers in Britain should complain at the weakest decade for real wage growth since the Napoleonic wars. It has also become clear that ultra-low interest rates and quantitative easing are merely sticking-plaster solutions. ...
Co-op Bank sale plan attracts suitors image
Source : BBC [Read Article] Friday 24th of March 2017 09:52:14 AM
....The bank was forced to offer itself for sale after it was unable to reach a strong enough footing to satisfy the Bank of England's regulatory requirements. It blamed low interest rates and the higher-than-expected cost of its turnaround plan for its failure to meet the Bank's Prudential Regulation Authority (PRA) rules. ...
Investment ISA 2017: Returns of 15 per cent SMASH cash equivalents  image
Source : Daily Express [Read Article] Wednesday 22nd of March 2017 02:57:00 PM
...."ISAs have proved to be a phenomenal success since they were introduced almost 18 years ago but whether individuals are making the right choices is questionable. "Cash ISAs remain the default choice for many investors despite low interest rates. ...
UK millionaires think Brexit will make them even richer, survey finds image
Source : Guardian [Read Article] Wednesday 22nd of March 2017 06:35:35 AM
.... “This is especially true of younger investors. In an environment of returning inflation and low interest rates, we recommend looking for investments with a higher return – whether in the UK or around the world. ...
Deutsche Bank cuts staff bonuses image
Source : BBC [Read Article] Monday 20th of March 2017 09:25:46 AM
.... . Persistent low interest rates are another element of the tougher climate for banks, as it is far more difficult to make a profit when the difference between borrowing and deposit rates is so small. ...
US interest rate rise signals end of ultra-low borrowing costs image
Source : Guardian [Read Article] Wednesday 15th of March 2017 07:31:25 PM
.... And while the unemployment rate is low, that is partly because millions of Americans have left the labour market altogether after giving up hope of ever finding work. The US is certainly not firing on all cylinders despite almost a decade of ultra-low interest rates and large dollops of money creation via the Fed’s quantitative easing programme. ...
Slow burn image
Source : BBC [Read Article] Wednesday 15th of March 2017 06:27:47 PM
....But, as so many have said, the financial crisis took us into territory very far from normal. What this series of moves tells us is that the Fed's policymakers think the US economy is in reasonably good shape, that it no longer needs the support provided by such very low interest rates. ...
Q&A: What will happen if the Federal Reserve raises US interest rates? image
Source : Guardian [Read Article] Tuesday 14th of March 2017 07:08:31 PM
.... With its headquarters just round the corner from the White House, the Federal Reserve and its chair, Janet Yellen, are in Donald Trump’s sights. On the campaign trail Trump said Yellen should be “ashamed” of the Fed’s low interest rate policy, and accused the bank of creating a “false stock market”. ...
HSBC appoints AIA boss Mark Tucker as new chairman image
Source : BBC [Read Article] Sunday 12th of March 2017 11:19:23 PM
....Despite those efforts, profits tumbled more than 60% last year. The banking industry has been hampered by the extended period of very low interest rates, which makes lending money less profitable. ...
Trump is set to win the battle on interest rates, but US economy will pay the price image
.... Shouting at the camera in the first presidential debate, he even went as far as to accuse the head of the central bank of “being political”, spurring her to deny she was anything but impartial. Trump’s anger was a lightning rod for American savers, who like savers across the developed world, have suffered eight years of ultra-low interest rates. ...
Isas back in favour after tax allowance hike image
Source : Guardian [Read Article] Saturday 11th of March 2017 07:00:28 AM
.... It will be open to everyone aged 16 and over and have a minimum investment limit of £100 and a maximum of £3,000. The Treasury said the bond would support savers affected by low interest rates, but Maike Currie at investment firm Fidelity International said: “Anyone saving into the new investment bond will struggle to achieve a real return, with Office for Budget Responsibility expectations for inflation to rise to 2. ...
US jobs report means Fed rate hike is a bolt-on certainty image
Source : Guardian [Read Article] Friday 10th of March 2017 03:03:04 PM
....Following news that the world’s biggest economy generated 235,000 net new non-farm jobs in February, it is a bolt-on certainty that the central bank will push up the cost of borrowing by a quarter of a point. It is now almost 10 years since the start of the financial crisis ushered in a period of ultra-low interest rates and it has been clear for a while that the Fed is anxious to speed up the normalisation process. ...
Doubts over new 'leading' savings deal announced in Budget image
Source : BBC [Read Article] Friday 10th of March 2017 10:37:00 AM
.... . "This will support savers who have been affected by low interest rates," the Treasury said. ...
Why is John Lewis tightening its belt? image
Source : Guardian [Read Article] Friday 10th of March 2017 07:16:34 AM
.... It now offers a cheaper hybrid scheme based on a mix of staff contributions and final salary and has pumped more than £300m in additional contributions into the scheme in the past year. But low interest rates have delivered lower returns for the scheme’s investments and it had a deficit of £479m in March this year. ...
Co-op Bank reports loss as suitors circle image
Source : BBC [Read Article] Thursday 9th of March 2017 08:37:46 AM
....It was forced to offer itself for sale after it was unable to reach a strong enough footing to satisfy the Bank of England's regulatory requirements. The bank blamed low interest rates and the higher-than-expected cost of its turnaround plan for its failure to meet the Bank's Prudential Regulation Authority (PRA) rules. ...
Get ready for food inflation to take a bite out of growth | Vicky Pryce image
Source : Guardian [Read Article] Wednesday 8th of March 2017 12:37:50 PM
.... With wages finally rising above inflation, real disposable incomes recovered after years in the doldrums following the financial crisis. Encouraged by high employment level, record low interest rates and high-street price wars that have kept prices to historically low levels (we even had deflation for a few months in 2015), UK consumers increased their borrowings to record levels and spent. ...
Hammond gets budget boost as OECD upgrades UK growth forecast image
Source : Guardian [Read Article] Tuesday 7th of March 2017 10:00:39 AM
....In the wake of Trump’s plans to roll back trade deals, it also warned that rising protectionism could “hurt global growth and impact the large number of jobs that depends on trade”. The report sought to flag up “vulnerabilities” in some richer nations where exceptionally low interest rates have been accompanied by rising house prices. ...
Budget 2017: The misplaced confidence of the British consumer image
.... . That's not surprising, perhaps, when the reliance on ultra-low interest rates to avoid anticipated economic trouble has led to the cheapest personal loans in living memory. ...
UK’s star fund manager aims to win over the older savers market image
Source : Guardian [Read Article] Saturday 4th of March 2017 07:00:08 AM
.... “We think it will be a hit with investors for two reasons: it is run by Woodford and it will have a decent yield. We’ve had ‘emergency’ low interest rates for eight years, and income is very hard to come by. ...
Australian housing market crash could lead to broader downturn, OECD warns image
....9% at the end of September last year. However, the report noted household debt was “concentrated in high income households”, and was balanced by rising asset values and low interest rates. ...
Moneysupermarket shares hit as revenues dip image
Source : BBC [Read Article] Tuesday 28th of February 2017 09:27:26 AM
....Shares in Moneysupermarket fell more than 6% after the comparison website warned that revenues so far this year were running below last year's levels. The FTSE 250 company said this was due to customers switching less between savings and current accounts because of low interest rates. ...

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