Is this an "Oh Dear (tm)"?

[Dundeegeorge]

I say old chap

you couldn't let me borrow a razor blade, could you?
Still, at least the chocolate ration has increased.........

[wendigo100]

The BoE sets the base rate. Individual banks then set theirs according to the base. Hence different rates at different banks on similar or same products.

I'd add that individual banks do not have to set their rates according to the BoE base.

However, it is better for business if they generally follow base movements across their different products.

[wendigo100]

you couldn't let me borrow a razor blade, could you?
Still, at least the chocolate ration has increased.........

Indeed. Extra ration of Victory Gin in the Ministry today.