MSE News
Base rate held at 0.5% again
8 September 2011

That is good news for borrowers, with the price of a fixed rate mortgage now at an all-time low as lenders factor in a longer spell with rates at rock-bottom.
However, the extended period of lower lending costs spells more misery for pensioners and savers who will continue to suffer low returns on their money, at a time when high inflation is eroding the value of their deposits.
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