Carney on interest rate rise

Not in my manor 'Guv'nor'

hard times people may have to jettison the taxi to morrisons 200 yds earlier at this rate,if things get worse I can see people cutting down from 40 takeaways a week to 39,the latte brigade may even go from a large frothy,toffee,marshmallow latte to a regular size,

Amazing overreaction to this 'raise' in the media.

Just recovering from his unnecessary Brexit panic measure implemented last year. Took him a while to get round to admitting his mistake. Has he apologised for his doom-mongering yet?

only sensible point made all day was the sky presenter who said if as predicted we might get 8 o r9 0,25% rises in the next 30 months,those currently on 150 grand plus fixed rate mortgages will be leaping of a cliff edge,but they've had plenty of warning so just in case they should be saving the equivalent of each 0.25% each times theres a rise to shield them from any cliff edge,its certainly the advice I,ll be giving my son

Only another 14% to go to match what we was paying
in the late eighties early nineties

Can someone explain to me why this will make anyones mortgage go up (other than a tracker).  Or how it will make anyone's savings get a better interest rate?

when interest rates were 15% eighties

I bought one of the first 32 inch TVs

£1800

with apr% my tv was like a mortgage 

he's a guesser

Interst rates at 1/2 percent or less for years, put down ridiculously after brexit & now we have the status quo as it was  before the referendum & people with a mortgage are talking like its armaggedon its pathetic its half a percent ffs not five percent

Dont mention Carney a complete apologist for the remoaners, should have been given his marching orders long before now, its like he was to sink the UK before he ##### off back to Canada.

Wall to wall coverage of this news story yesterday but now it has disappeared.

Agree with pumphol, why we had to go to Canada to find a new governor of the BOE is a mystery.
The sooner he goes back the better.

a mystery ?

maybe it was his proven ability

Why maybe - aren't you sure?

i wasnt in on the decision, so its just a guess as to why.

As a mortgage holder low interest rates obviously benefit me, but keeping the rates so low for so long has clearly been irresponsible as it encourages people to borrow beyond their means. Rates should be kept around 5%.