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Pound gaining on the Euro - V slowly

 Poster: A snowHead
Poster: A snowHead
Well hey, what do ya know. My 1st 1,000 post thread.

Do I get a badge?
Will Tall Tone and Admin turn up at my front door with some flowers?

I’ll wait wink

In the mean time got to celebrate somehow so think I’ll learn
this
and perform for the office staff later, or maybe not Laughing


Last edited by Poster: A snowHead on Wed 29-06-11 17:18; edited 1 time in total
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 Obviously A snowHead isn't a real person
Obviously A snowHead isn't a real person
Wayne, you'll be waiting on the doorstep for some time then.
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 Well, the person's real but it's just a made up name, see?
Well, the person's real but it's just a made up name, see?
rayscoops wrote:
achilles, well yes, but the BoE administers that independently of the Government Little Angel


You'll be telling me next that GB was a great Chancellor Laughing
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 You need to Login to know who's really who.
You need to Login to know who's really who.
achilles, wink
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 Anyway, snowHeads is much more fun if you do.
Anyway, snowHeads is much more fun if you do.
MSN Money's take
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 You'll need to Register first of course.
You'll need to Register first of course.
So, today, UK interest rate remains at 0.5%. Meanwhile European Central Bank have upped theirs to 1.5% because they are worried about inflation (that's half what the UK's is, so why aren't we worried more?) Anyway, due to that widening gap in interest rates, the Euro will become stronger against the £. Parity cannot be far away if this continues.
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 Then you can post your own questions or snow reports...
Then you can post your own questions or snow reports...
Bode Swiller, inflation at the moment is not consumer driven as such so raising interest rates in today's economy is unlikely to reduce inflation by any meaningfuil level. Raising VAT did not help inflation figures either
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 After all it is free Go on u know u want to!
After all it is free Go on u know u want to!
Going up this month, slightly.

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