Archive for 08/11/2008

From the Daily Mail

Millions WILL benefit as mortgage

giants are forced to pass on historic

 interest rate cut

By Becky Barrow
Gordon Brown

Direct order: Prime Minister Gordon Brown demanded banking giants slash their mortgage rates after reading them the riot act

Banking giants were shamed into slashing their mortgage rates yesterday following a direct order from the Prime Minister.


The move will be cheered by more than a million homeowners whose monthly bills will drop by around £135 on an average £150,000 loan, and many more should benefit soon.


It comes after banking chiefs were summoned to an emergency meeting at the Treasury yesterday morning and read the riot act.

We knocked him when he was struggling, but credit where credit is due. He is doing his best - and  doing a bit of GOVERNING!!!.

And I am bored with just looking at Santa and fireworks anyway!!!!!

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