interest rates down 50bps

[expat]

Who is going to hold Sterling with interest rates at 0%?

Who is going to buy all this government debt with interest rates at 0%?


This is going to kill the UK.

I hold my debts in GBP. Not sure if that's a good thing.

[Cyberman]

Who is going to hold Sterling with interest rates at 0%?

Who is going to buy all this government debt with interest rates at 0%?


This is going to kill the UK.

The theory is that with interest rates low, the economy will pick up thus encouraging external investment in Britain and strengthening the pound. Keeping interest rates high but killing the economy would also kill the pound.

[MPwannadecentincome]

What are we making these days to export?

Complicated financial products & big brother...

Errm plenty of contractors on the bench, shame we can't all rally them together and export their services!

[BrilloPad]

Errm plenty of contractors on the bench, shame we can't all rally them together and export their services!

Where to? The only ones hiring are Indian.......

[MPwannadecentincome]

Where to? The only ones hiring are Indian.......

No I didn't mean getting Indian's to hire them I meant getting some US and EU contracts in to have software developed and delivering these.