June 8, 2016

Welcome to May’s Capital Comment…

Well we seemed to have skipped Autumn and marched straight into Winter! It has been pretty grim out there! We have been amazingly lucky with the weather but it was always going to end sooner rather than later!  Not so the low interest rates though with strong suggestion that the OCR will be cut again on the 9th June. In reality I still think it is unlikely that we’ll see much change to the fixed rates even if the OCR is cut with possibly just the odd rate dropping below 4% in the form of a special…special for who though…?!