We Need This Cut, Even If It Hurts More [Edition 2]

Summary


IT MUST have been a tougher call this month. As the once unthinkable happens and interest rates creep towards zero, the voices opposed to cuts get louder.

Savers are inevitably angry and frustrated as they feel they are being penalised for prudence. The Building Societies Association has also said enough is enough as it fears the flow of savings will dry up.

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Extract


We Need This Cut, Even If It Hurts More [Edition 2]

But step back and look at the bigger picture described by the Bank o...

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