Taking Stock 

Dismal rate outlook supporting UK benchmark

Mark Robinson

Dismal rate outlook supporting UK benchmark

We’re living through interesting times. National Savings & Investments has just pulled several fixed-term bonds from sale and has cut rates on many others, citing poor gilt yields. Meanwhile, Virgin Money and the Yorkshire Building Society have decided to offer 15-year fixed interest rate mortgages ranging from 2.79 to 3.65 per cent depending on the given loan-to-value ratio.

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