We use cookies to ensure that we give you the best experience on our website. If you continue without changing your settings, we will assume that you are happy to receive all cookies on the Business Car website. However, if you would like to, you can change your cookies at any time
The start point for the best source of fleet information |
Opinion - UK base interest rates at 4.75% in September 2006
In BusinessCar's second opinion piece for the debut issue, it's funny looking back at how businesses were calling a possible move to a 5% interest rate unacceptable considering they have now been at 0.5% since 5 March 2009. Rupert Saunders wrote: "A further rise in rates is likely to depress the market still further - good news for fleet managers looking to drive a hard bargain on replacement cars this quarter but not for the retail motor industry as a whole." The Bank of England has ruled out an increase in interest rates for 2014 due to a lack of wage growth in the UK economy.
BusinessCar magazine ©2019
Business Car Magazine © 2020 | Business Car is part of NS Media Group.
