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Thursday, November 30
Sterling hits 14-year high against dollar
by
Jet-to-Let Magazine
on Thu 30 Nov 2006 10:55 GMT
Sterling hit its strongest level against the dollar in 14 years on Thursday as traders continued to put pressure on the beleaguered US currency. The pound traded as high as $1.9580 against the dollar, its highest level against the greenback since its ejection from the European Exchange Rate Mechanism in ... more » Friday, November 10
UK interest rates hit 5%
by
Jet-to-Let Magazine
on Fri 10 Nov 2006 08:42 GMT
Interest rates hit 5 per cent and the highest level in five years after the Bank of England on Thursday raised the cost of borrowing in an attempt to curtail inflation. The move means an extra monthly payment of £21.71 for those homeowners with a repayment mortgage of £150,000, according ... more » |
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