Re: Bank of England raises Interest Rate to 5%
Quote:
Originally Posted by Damien
Probably 5-13% of a smaller number though. These days house prices mean the BoE probably can't go too much higher.
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Yup. Borrowed £2950 which doesn't sound much but at the time our combined weekly wage was around £16. So, although the amount we borrowd sounds very very low compared to to-day so were our wages.
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