Banks' £1bn windfall to boost economy

[darrenb]

Why not use the money to buy a decent personality.

If only they came that cheap.

[AtW]

Why not use the money to buy a decent personality.

What for?

[BrilloPad]

Having said which among all the property transactions I've done recently I've hidden away a nice £50K sum for a modest little sports car of some sort

Why not use the money to buy a decent personality.

[AtW]

Having said which among all the property transactions I've done recently I've hidden away a nice £50K sum for a modest little sports car of some sort

WHS

A role model if there was one ...

*weeps tears*

[doodab]

Having said which among all the property transactions I've done recently I've hidden away a nice £50K sum for a modest little sports car of some sort

Aren't you a bit old for a midlife crisis?

[sasguru]

I've decided to follow your lead and avoid spending money on flash car, instead focusing on property - thanks for your wisdom oh great one.

Having said which among all the property transactions I've done recently I've hidden away a nice £50K sum for a modest little sports car of some sort

[sasguru]

It's called the trickle down effect. Those at the top get rich and everyone else gets pissed on.

It's a law of nature as observed in the New Testament: Those that have shall be given more.
That's been my experience anyway.

[TimberWolf]

More funny money being used to ramp up house prices further, what could possibly go wrong.

[doodab]

It's called the trickle down effect. Those at the top get rich and everyone else gets pissed on.

[AtW]

Just as well you're a rich and succesful businessman with his own property and posh car then, eh? Oh, wait ...

I've decided to follow your lead and avoid spending money on flash car, instead focusing on property - thanks for your wisdom oh great one.

[sasguru]

"As 5pc of the UK loan stock is equivalent to £80bn and the arrangement means banks receive a roughly 1pc reduction in costs for simply maintaining their loan levels, they will enjoy an initial £800m windfall before they inject a penny extra into the economy. The Bank and the Treasury, though, expect that gain to be passed on to customers through normal competitive pressures. "

Banks' £1bn windfall to boost economy - Telegraph



No, it will be passed to bankers as extra bonuses for high profits.

Who makes those contracts? Getting 80% of benefit by not doing anything won't encourage to take risks, possibly losing money to gain another 20%?

Nice bow ties though...

Just as well you're a rich and succesful businessman with his own property and posh car then, eh? Oh, wait ...

[AtW]

"As 5pc of the UK loan stock is equivalent to £80bn and the arrangement means banks receive a roughly 1pc reduction in costs for simply maintaining their loan levels, they will enjoy an initial £800m windfall before they inject a penny extra into the economy. The Bank and the Treasury, though, expect that gain to be passed on to customers through normal competitive pressures. "

Banks' £1bn windfall to boost economy - Telegraph



No, it will be passed to bankers as extra bonuses for high profits.

Who makes those contracts? Getting 80% of benefit by not doing anything won't encourage to take risks, possibly losing money to gain another 20%?

Nice bow ties though...