*BANK OF CANADA CUTS OVERNIGHT RATE TO 2.5% FROM 3%
*GLOBAL CENTRAL BANKS CUT BENCHMARK RATES BY HALF A POINT
*SWEDEN’S RIKSBANK LOWERS KEY RATE 0.50% POINTS TO 4.25%
*ECB LOWERS BENCHMARK INTEREST RATE TO 3.75%
*FED CUTS BENCHMARK RATE TO 1.5%
*BANK OF ENGLAND CUTS BENCHMARK INTEREST RATE TO 4.5%
*FED CUTS BENCHMARK RATE BY HALF-POINT TO 1.5%
*ECB, BOE, BANK OF CANADA, SNB, RIKSBANK ALSO CUT RATES
It’s a wait and see game at the moment.
Market seems to have responded positively 
Boo! lol… I have cash in a pukka building society.
When’s the anthrax attack coming, to take everyone’s mind off the banks? http://edocket.access.gpo.gov/2008/E8-23547.htm
How good to see the Govt bailing out irresponsible banks, and then cutting rates for anyone who decided not to enter the bubble of property prices and to save their cash instead.
I’m taking the mattress option
+1
sounds like the best option
I’ve got all my shekels in a building society. Moved away from Barclays a couple of years ago as they were a pain to deal with. Finding it hard to reconcile the fact that the people who created and bust bubble are all multi millionaires/billionaires and will not be affected by this at all. They should be massively taxed/fined/fired!
Quite a good prog on BBC3 or 4 last night with Robert Peston, raising just that point, amongst others.
Being fired probably won’t hurt them. If you’ve already got enough to effectively retire at 40, then it’s probably no big shakes to your avge big banker.
I’d be much more interested in the idea of taking all their money back off them and using it to compensate the millions of people who they have disadvantaged by their actions (starting with crediting me with another half percent on my savings:))
I’d stand behind you, armed with a pitchfork!
I’d rather you stood in front, if that’s OK:):D.
(I’ve seen a few posts about how well you suit your leathers, but honestly I’m just a happily married man who’s VERY afraid of a pitchfork up the jacksie:))
oddly enough i seriously think premium bonds are the best option
True what you say about savers being screwed by the government and the bank of england
The financial class have carried out a successful ram raid on the world economy (again) and are speeding off into the distance back to their security fenced privately guarded mansions - installed to protect them from the chaos and misery they have manufactured. 
address please?
Hamstead
[quote]
Big bad ox (08/10/2008)
oddly enough i seriously think premium bonds are the best option They may be - but they have also reduced the total monthly payout figure on those in the last few weeks. 
Savings ??? Never had the pleasure … im always in the poo its just the depth that varies :doze:
Well let’s hope none of you do any business with Icelandic banks lol…
my best friend works at Landesbanki
looks like i will be buying the beers for a while