Bank prepares for another pecentage cut

Story link: Bank prepares for another pecentage cut

Wow, so people with certain mortgages taken out around 12 months ago will be looking at an 8p repayment, that is definitely creditcrunchtastic!

Bank prepares for another pecentage cut

Some homeowners could see their monthly mortgage payments drop as low as zero this week.
The Bank of England is expected to cut interest rates to just 1 per cent on Thursday, bringing a windfall to those