24
Apr
08

Interest rates

A wee while back we commented that interest rates always tend to go higher than need be to control an economy. Well here we are a few months later on with the Bank Of England pulling interest rates down to stop the economy sliding into a hole. That tricky balancing act between inflation and growth? Well maybe.

But I think its got more to do with the Bank Of England trying to find customers for its money. Either way the Credit Crunch is here to stay for a while (at least over the next wet Scottish Summer) so in the gap that that creates we’ve filled up another bit of the internet with some bits and bytes that talk about busines loans in the UK – http://www.nowcommercialloan.co.uk.


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