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The Effects of 10 Years of Low Interest Rates on the UK Economy

September 1, 2017

Low interest rates have had significant impact on the UK economy over the last 10 years. In fact, it’s been over 10 years since interest rates last rose in the UK, since the moment the financial crisis started to bite hard in 2007. Current UK inflation levels are much higher than the base interest rate, and this gap is now putting a squeeze on regular consumers’ finances.

Spotlight

Singleton Council

Located in the centre of the Hunter Valley region of New South Wales, Singleton enjoys a pleasant lifestyle with a moderate climate.The busy commercial centre supports a vibrant industrial sector which is based largely on coal mining and electricity generation. Well established market gardens support a large dairy and beef cattle sector along with a newly emerging mushroom industry. Our Wine and Tourism industry is part of Hunter Valley Wine Country which is well known around the world.

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The Effects of 10 Years of Low Interest Rates on the UK Economy