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[Jay w]

Bring it on My morgage will come down a decent chunk..did last time and this is 3 times as much.
fuel prices droping, food prices dropping, might be able to balance the budget.... and keep the whisky flowing.

but they are not dropping as quickly as the oil price is.....

another classic case of someone making a lot of money whilst the chace is there to screw of the british public......

Gormless Brown won't step in on this one as it is making the government money all the time there is this huge difference in oil V's petrol

wenkers  

[Vamps]

Bring it on My morgage will come down a decent chunk..did last time and this is 3 times as much.
fuel prices droping, food prices dropping, might be able to balance the budget.... and keep the whisky flowing.

but they are not dropping as quickly as the oil price is.....

another classic case of someone making a lot of money whilst the chace is there to screw of the british public......

Gormless Brown won't step in on this one as it is making the government money all the time there is this huge difference in oil V's petrol

wenkers  

And neither has Gas or Electric.. and the profits of the oil companies in the record books......

[HerefordElite]

Bring it on My morgage will come down a decent chunk..did last time and this is 3 times as much.
fuel prices droping, food prices dropping, might be able to balance the budget.... and keep the whisky flowing.

only any good if you've still got a job :-/

[Vamps]

Bring it on My morgage will come down a decent chunk..did last time and this is 3 times as much.
fuel prices droping, food prices dropping, might be able to balance the budget.... and keep the whisky flowing.

only any good if you've still got a job :-/

Agreed.........

[HerefordElite]

i have still got a job by the way but quite worried about the future as i design timber frame houses for a living and it ain't exactly a secure industry :-/

[albitz]

I don't think the rate cut will be passed on, the last one wasn't

My guess is that the full 1.5% will be cut from people's savings accounts....but the same will not happen for people on the standard  variable mortgage rate.

As the government/people now have such a big stake in some banks....I feel that Gordon brown and Alastair Darling should be INSISTING that the banks pass on ALL the reductions as opposed to asking if they might like to do so.

The banks seem to be dismissive of both the British people and the British Government.

afaik the government have said that they will put the money into the banks but havent actually done so yet (a classic labour tactic),so I suppose we taxpayers are prospective shareholders rather than actual.